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Amazon led a $500m Series C round in X-Energy.

Synopsis

Amazon, an American multinational technology company, led a $500m Series C round in X-Energy, a nuclear reactor and fuel technology company, with participation from Citael, Ares Management, NGP Capital and University of Michigan. “Nuclear is an important source of clean and reliable power that our nation needs to meet the growing demand for energy. X-energy provides an impactful solution to a critical challenge – and the support Amazon, Dow, and other major corporations have provided underscores its potential and merit,” Ken Griffin, Citade Founder and CEO.

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