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Applied Atomics
Co-located industrial nuclear plants using proven light-water SMR architectures
About Applied Atomics
Applied Atomics is a Los Angeles company led by CEO Benjamin Kellie that develops and plans to own and operate co-located nuclear power plants for continuous industrial loads such as hyperscale compute, e-fuels, desalination, LNG and hydrogen. It focuses on Generation III+ light-water reactor architectures using Low Enriched Uranium and established supply chains, with modular deployments targeting roughly 100 MWe to 1 GWe per site under long-term power purchase agreements. In March 2026 Applied Atomics raised an oversubscribed seed of more than $8.3 million co-led by Morpheus Ventures and Transition, with Alpaca VC and Acequia Capital among participants, bringing total funding to about $12 million to expand engineering, product and deployment teams for its first plants. Sources: FinSMEs 26 Mar 2026; Applied Atomics / GlobeNewswire.
Source: Dealroom company dataAt a glance
- Founded
- 2025
- Headquarters
- Anchorage, United States
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Alpaca VC
Unruly Capital
Transition
Morpheus Ventures
Source: Dealroom Talent Intelligence.
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team presence
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