On August 19, 2025, Aalo Atomics, a nuclear engineering company created to make reactor deployment highly predictable and economical, announced a $100 million Series B. Led by Valor Equity Partners, the financing round also saw participation from 50Y, Alumni Ventures, Crescent Enterprises, Crosscut, Fine Structure Ventures, Gaingels, Harpoon Ventures, Hitachi Ventures, Kindred Ventures, MCJ, NRG Energy, Nucleation Capital, Perpetual VC, Tishman Speyer, and Vamos Ventures. Wilson Sonsini Goodrich & Rosati advised Aalo Atomics on the transaction.

Aalo Atomics was founded in 2023 by Matt Loszak and Yasir Arafat to make mass-manufactured nuclear power plants. The company's main product, the Aalo Pod, is a small modular reactor built to power data centers. Aalo Atomics plans to use the capital to build its first nuclear power plant, the Aalo-X, which aims to bring to zero-power criticality by next summer.

The Wilson Sonsini team that advised Aalo Atomics on the transaction includes Becki DeGraw, Cody Gaynor, and Laura Odujinrin.

For more information, please see Aalo Atomics’ news release. Additional coverage can be found on TechCrunch and Business Insider.