Funding Details
- Awarder
- Inbox
- Date Award
- May 10, 2024
- Vertical
- Nuclear Energy
- Funding URL
- View Funding Page
- Valuation
-
$364,000,000
Company Info
- Founding Year
- 2013
- Traction
- Oklo has yet to generate revenue and has no nuclear plants deployed at the moment. The company is targeting 2027 for its first plant to come online.
- Organizations Involved
- U.S. Air Force, big tech companies
- Founders
- Sam Altman, Jacob DeWitte
- Company Description
- Oklo's business model is based on commercializing nuclear fission, aiming to use mini nuclear reactors housed in A-frame structures to sell energy to end users such as the U.S. Air Force and big tech companies. The company is currently working on building its first small-scale reactor in Idaho.
- Market
- Energy
- Location
-
Idaho,
ID,
US
- Coinvestors
- AltC Acquisition Corp.
Links