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Raised $700M Series D (Nov 2025). Fluor signed project management contract for Seadrift Texas facility (Apr 2026). Closest SMR to US construction groundbreaking.
X-energy is a nuclear energy company developing the Xe-100 pebble-bed high-temperature gas-cooled small modular reactor (SMR), the closest advanced reactor to actual construction groundbreaking in the United States. The company raised $700 million in Series D financing in November 2025 and in April 2026 signed a project management contract with Fluor — one of the world's largest engineering and construction firms — for the Seadrift, Texas facility that will be North America's first grid-scale advanced reactor serving an industrial customer (Dow).
Aleph Alpha raised €500M+ and pivoted to sovereign AI solutions for European governments, positioning as the leading provider of GDPR-compliant, EU-hosted AI infrastructure for regulated industries.
Aleph Alpha is a German AI company building sovereign AI infrastructure for European governments and enterprises that require data sovereignty, GDPR compliance, and AI hosted within EU borders. Its Pharia AI platform provides LLM capabilities deployed on-premises or in EU data centers, serving German federal ministries, European defense agencies, and regulated industries including banking, healthcare, and legal services.
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