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Antares raises $470M to build nuclear reactors for the US military

Antares has raised $470 million to build small modular reactors — 100 kW to 1 MW — for U.S. Air Force bases.
Nuclear power startup Antares said Monday that it has raised $470 million to build small reactors for U.S. military bases. The Series C round, which was led by Paradigm and Caffeinated Capital with participation from Industrious Ventures, Point72 Ventures, and Shine Capital, underscores investors’ growing interest in advanced nuclear startups — a trend fueled by an AI data center building…
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