Amazon led a $700m Series C-1 round in X-Energy.

Amazon, an American multinational technology company, led a $700m Series C-1 round in X-Energy, a nuclear reactor and fuel technology solutions provider, with participation from Segra Capital Management, Jane Street, Ares Management, Emerson Collective, NGP and the University of Michigan. “We welcome our new investors along our journey to accelerate the development and deployment of advanced nuclear energy and meet the growing demand for reliable, safe and clean energy. We are proud to have gained the additional support from our industry, government, and investment community since X-energy was founded more than 15 years ago. We look forward to continuing to advance and scale our technology and realize our vision of fulfilling the growing energy needs of future generations,” Kam Ghaffarian, X-Energy Founder and Executive Chairman.