✉news BusinessStartups first seen 5 h ago, last 3 min ago, peak #12
Korean SMR startup RX raises $7.5 million for industrial heat reactors
Original: Korea’s SMR startup RX raises $7.5 mn to accelerate industrial heat reactor development
South Korean small modular reactor startup RX has raised $7.5 million to speed up development of its industrial heat reactor technology. The funding will support the company's efforts to bring compact nuclear reactors to industrial heat applications, a growing area of interest as manufacturers seek low-carbon energy sources. The deal highlights rising investor attention on Korea's nuclear startup sector.
Why now: Investor interest in small modular reactors and decarbonised industrial heat is growing, making fresh funding for a nuclear startup newsworthy.
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- Korea’s SMR startup RX raises $7.5 mn to accelerate industrial heat reactor development · KED Global
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