importantSYS.SOURCE: TechCrunch• 2026-08-03T17:16:43Z

Sequoia Partner Shaun Maguire Leads $1B Investment in Nuclear Startup Valar Atomics

#nuclear #startups #fundraising #ai #climate

Sequoia partner Shaun Maguire led a $1 billion equity round for nuclear startup Valar Atomics, which is developing small modular reactors (SMRs) and has partnered with Nvidia for AI applications. The funding will support mass production of SMRs, with Valar aiming to scale from tens to thousands of reactors annually.

Valar Atomics raised $1 billion at a $6 billion valuation after signing a development deal with Nvidia in June.

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