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Nuclear energy startup Elementl Power is seeking to raise $750 million to meet the growing electricity demand from AI
Nuclear energy startup Elementl Power is seeking to raise $750 million to meet the growing electricity demand from AI. A consortium led by South Korean venture capital firm DS Investment Partners has pledged up to $200 million for the development of up to three Elementl nuclear projects. Samsung C&T Corp. is also in discussions to provide engineering support and commit capital, with this fundraising round testing private capital's interest in the early stages of atomic energy development.
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