✉news BusinessStartups first seen 20 h ago, last 1 h ago, peak #12
Korean SMR startup RX raises $7.5 million for industrial heat reactors
Original: Korea’s SMR startup RX raises $7.5 mn to accelerate industrial heat reactor development
South Korean small modular reactor startup RX has raised $7.5 million to speed up development of its industrial heat reactor technology. The funding will support efforts to bring compact nuclear reactors to industrial heat applications. The raise highlights growing investor interest in next-generation nuclear startups as industries look for low-carbon heat sources.
Why now: Investor funding for nuclear SMR startups is drawing attention amid the push for decarbonised industrial energy.
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- Korea’s SMR startup RX raises $7.5 mn to accelerate industrial heat reactor development · KED Global
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