Last Energy

Money Moves

Raised $40M Series B; targeting first reactor deployments

Data centers running artificial-intelligence models need power around the clock. On July 10, 2026, a Washington, D.C. startup called Last Energy said it had raised $40 million to sell them small nuclear reactors it promises to build in 24 months.

Updated Jul 10

Built World

Planning 30 microreactors in Haskell County, Texas

Texas has opened applications for a $350 million fund to jumpstart advanced nuclear reactor construction — the largest state-level investment of its kind. The Texas Advanced Nuclear Energy Office, created by legislation that Governor Greg Abbott signed in June 2025, is accepting proposals from companies to build reactors, manufacture components, or rebuild the fuel supply chain. Only two state projects currently meet the fund's requirement of having a construction permit application filed with federal regulators.

Updated May 31

Built World

Building pilot SMR at Texas A&M, targeting 2026 criticality

Alphabet just paid $4.75 billion for a power company, securing 10.8 gigawatts of capacity—enough to power 8 million homes. Tech giants spent 2024 locking down nuclear reactors and signing multibillion-dollar energy deals because there's not enough electricity for AI.

Updated May 16