CE-Ventures Participates In $100 Million Funding Round For Aalo Atomics' Nuclear Technology

CE-Ventures, the corporate venture capital arm of Crescent Enterprises, has joined a $100 million Series B funding round for Aalo Atomics, a prominent US nuclear technology firm. This funding round was spearheaded by Valor Equity Partners and included contributions from CE-Ventures, Fine Structure Ventures, Hitachi Ventures, Crosscut Ventures, among others. Aalo Atomics has rapidly gained traction since its inception in 2022.

Aalo Atomics is on track to build its first nuclear power plant, aiming for zero-power criticality by July 2026. This milestone is crucial for showcasing how their modular reactors can efficiently power AI data centres. The expedited technology demonstration process will help reduce risks and speed up commercial readiness as the US seeks to advance next-generation nuclear solutions to meet increasing energy demands driven by AI.

"We are at a pivotal moment for advanced nuclear technology, and we view Aalo Atomics as a true leader in this new atomic age," stated Sudarshan Pareek, Senior Vice President at CE-Ventures. He highlighted the growing demand for reliable energy due to AI adoption and emphasised nuclear power's role in providing clean and scalable solutions. CE-Ventures prides itself on investing in pioneering companies and aims to strengthen its position as a global partner for entrepreneurs developing frontier technologies.

The US Department of Energy (DOE) has selected Aalo Atomics for fast-tracked testing of its advanced nuclear technology. This selection is part of the DOE's Reactor Pilot Programme launched in June 2025 to accelerate testing of advanced nuclear technologies. The programme reflects the increasing global interest in modular nuclear reactors as safe and sustainable solutions to rising energy needs.

CE-Ventures has built a diverse portfolio of strategic investments in high-growth companies and venture funds across various stages. It maintains long-standing positions in frontier technologies like AI and its ecosystem infrastructure. Crescent Enterprises and Crescent Group, CE-Ventures' parent entities, have a legacy of unlocking impactful capital and supporting responsible growth opportunities in technology, energy, and UAE-US infrastructure.

Aalo plans to establish an experimental data centre adjacent to its test plant to demonstrate DOE-authorised reactors powering AI infrastructure directly. The International Energy Agency predicts that electricity demand from AI-optimised data centres will more than quadruple by 2030. New-generation nuclear technologies are emerging as clean energy solutions to support positive global growth.

CEO's Vision for Aalo Atomics

Matt Loszak, CEO of Aalo Atomics, expressed enthusiasm about securing the $100 million Series B funding. "We are beyond excited to announce Aalo’s $100M Series B. We now have the capital to build our first nuclear power plant, the Aalo-X, which we’re aiming to turn on *next summer*. This could be the first advanced nuclear power plant to achieve criticality in the US in decades." He acknowledged the support from backers for this opportunity to advance nuclear energy's potential.

Aalo Atomics' progress signifies a significant step towards demonstrating how modular reactors can effectively meet growing energy demands while supporting AI infrastructure development. As these technologies advance, they offer promising solutions for sustainable energy production worldwide.

With inputs from WAM