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Aalo Atomics raises $100M to build a microreactor and data center together

Nuclear startups have been soaking up attention from hyperscalers and cash from investors. Aalo Atomics is the latest beneficiary of the big tech-small nuclear love affair, raising $100 million in a Series B, the company announced today. The startup plans to flip the switch on its first reactor in the summer of 2026, CEO Matt Loszak said in a LinkedIn post. The facility will be located on the campus of the Idaho National Laboratory. Aalo — not to be confused with the defunct furniture startup