China's Junhe Atomic raises $15M angel round for small modular reactors
What's the deal? Junhe Atomic Technology, a Chinese developer of small modular and micro nuclear reactors, has raised US$13.8M in an angel round. New investors include China Securities Capital, China Securities InvestmentDealroom has a profile for this one. Try Dealroom →, Intercontinental Clean Energy, and Hanghan CapitalDealroom has a profile for this one. Try Dealroom →, alongside financial and market-based institutions. Existing backer Guangyue InvestmentDealroom has a profile for this one. Try Dealroom → added to its stake.
What's the endgame? The company develops and commercialises small advanced pressurised water reactors, high-temperature gas-cooled reactors, and micro reactors. It targets three markets: powering data centres, building integrated energy systems for high-consumption industrial parks, and providing stable power in special scenarios.
Why now? Data centre energy demand has become a defining constraint for the AI era, and nuclear power is increasingly seen as a reliable, low-carbon option to meet it. Junhe Atomic's focus on data centre supply places it squarely in that trend.
The signal: The round shows continued Chinese investor appetite for advanced nuclear at the earliest stages, backed here by state-linked and industrial capital rather than pure venture money. It reflects a broader bet that compact reactors can serve concentrated, power-hungry loads that the grid struggles to supply.
Read more: itjuzi.com
Image credit: NRCgov
