Overview

Last Energy focuses on small nuclear power plants, providing services for the entire lifecycle of mini water-cooled reactors. Their reactors can generate both heat and electricity, making them suitable for various industrial applications, including clean energy production and green fuel generation. Unlike competitors, Last Energy leverages proven nuclear technology and emphasizes standardization to make nuclear power more scalable and quickly deployable. The company's goal is to support the transition to sustainable energy solutions by making nuclear power accessible to markets committed to clean technology.

Simplify's Take

What believers are saying

• Growing interest in micro nuclear plants supports Last Energy's market expansion.
• Significant funding rounds indicate strong investor confidence in Last Energy.
• Repurposing coal sites for nuclear plants aligns with global decarbonization goals.

What critics are saying

• Competition from nuclear fusion could overshadow Last Energy's fission technology.
• Geopolitical risks may affect partnerships with companies like DB Energy SA.
• Local opposition may delay the Haskell County microreactor project.

What makes Last Energy unique

• Last Energy uses proven reactor technology for small modular nuclear power plants.
• The company offers a first-of-its-kind delivery model for nuclear plant deployment.
• Last Energy provides end-to-end services for the lifecycle of mini water-cooled reactors.

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Funding

Total Funding

$64M

Above

Industry Average

Funded Over

3 Rounds

$40,000,000

Series B

Aug 2024

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$40M

$45M

$65M

$100M

View all funding stages