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Korean SMR heat startup rx raises $7.46M bridge round

Original: Korean heat-supply SMR startup rx raises $7.46M bridge round

South Korean small modular reactor startup rx, which focuses on heat supply using SMR technology, has raised a $7.46 million bridge funding round. The investment gives the company additional runway to continue developing its nuclear heat-supply offering amid growing investor interest in advanced nuclear energy startups.

Why now: Investor and industry interest in advanced nuclear and SMR technology is rising, making new funding in the sector newsworthy.

rxSouth KoreaSMRDealroom

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