Nuclear Startup Valar Atomics in Talks for $6 Billion Valuation After Power Milestone

Valar Atomics, a three-year-old startup that makes small nuclear reactors https://www.theinformation.com/articles/trump-officials-vcs-love-nuclear-power-startups-brute-force-approach">intended to power data centers and other industrial facilities, is in talks to raise $1 billion at around a $5 billion valuation before the investment, according to a person with knowledge of the deal.

Sequoia Capital, which hasn’t previously disclosed an investment in Valar, has been in talks to lead the fundraising, which could be a mix of debt and equity, the person said.