Nuclear Fission Startup 'Azure Pivot' Secures 200 Million Yuan in Pre-A+ Funding
4 day ago / Read about 0 minute
Author:小编   

Recently, the nuclear fission startup 'Azure Pivot' revealed that it has successfully closed a Pre-A+ funding round, raising 200 million yuan. This funding round was co-led by Sky9 Capital and Geely Capital, with additional participation from Orient Hart Capital, C Capital, and Minjin Touzi as subsequent investors. Notably, existing shareholders, such as Photosynthesis Ventures and CDH Investments, also increased their investments beyond their original pledges. Yuefeng Capital played a pivotal role as the exclusive financial advisor for this round.

'Azure Pivot' specializes in water-cooled Small Modular Reactor (SMR) technology. The freshly acquired funds will be primarily channeled into the research and development of small modular reactor products, accelerating their commercialization, and expanding the company's team. The overarching aim is to introduce a new generation of modular nuclear energy solutions to the global market.