<ul><li>The Nuclear Company has raised $51.3 million in a Series A funding round, bringing its total funding to $70 million. The startup aims to develop nuclear reactors using existing designs, prioritizing sites with permits or licenses to operate.</li><li>Tech companies and utilities are seeking stable power sources due to increasing demand for electricity. Google, Amazon, Meta, and Microsoft are engaging with nuclear startups for power solutions, while solar power remains a competitive alternative.</li><li>The House Ways and Means Committee proposed removing subsidies for nuclear power, which could impact the future financial viability of new nuclear projects. Most new nuclear plants are not expected to be operational until the early 2030s.</li></ul>

The Nuclear Company raises $51M to develop massive reactor sites

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