Announced

Completed

92 Ventures led a €22m Series B round in Steady Energy.

Synopsis

92 Ventures led, a venture capital firm, a €22m Series B round in Steady Energy, a technology firm focused on developing a heat-only small modular nuclear reactor, with participation from Lifeline Ventures. “This is a major step for Steady Energy and a strong endorsement of our team and technology: we are on track to demonstrate that we can deliver nuclear heat that is scalable and commercially attractive. With our technology, utilities can eliminate their CO2 emissions more quickly and with a better return on investment than with nuclear plants that generate both heat and electricity”, Steady Energy, Tommi Nyman CEO.

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