X-energy Funding Round

12/6/2023

Venture Equity

$80,000,000

Series C

The company intends to use the funds to expand operations and its development efforts.

Private & Independent

Energy & Battery

801 Thompson Ave
Rockville, MD 20852
USA

X-Energy Inc is a leading developer of advanced SMR and fuel technology for clean energy generation. It is seeking to redefine the nuclear energy industry through its flagship product, the Xe-100, an advanced small modular HTGR designed to generate up to 80 megawatts of electric power and/or up to 200 megawatts of thermal output, depending on the configuration. X-energy's simple and intrinsically safe advanced SMR designs, like the Xe-100, significantly expand the applications and markets for nuclear technology with enhanced safety, lower cost and faster construction timelines when compared with conventional nuclear energy sources and broader use cases when compared with other SMRs