Sequoia Capital led a $1 billion funding round for Valar Atomics Inc., announced in a statement on Monday, Aug. 3, 2026. The transaction values the nuclear startup at $6 billion including the new money, and the company has also arranged a $200 million credit facility. Valar says the capital will support a shift from demonstrating small reactors to producing them in volume. The round lands amid rising interest in small modular and micro reactors as a power source for data centers; a Valar microreactor was photographed on a C-17 aircraft at March Air Reserve Base, California, on Feb. 15.
- bloomberg.com2026-08-03