Vivek Ramaswamy's Atlas Atomics Raises $400M at $1.9B Valuation

Startups12 days ago

General Catalyst and Andreessen Horowitz are providing the financing for a newly formed nuclear energy company. The venture, known as Atlas Atomics and co-founded by Vivek Ramaswamy, is raising approximately $400 million in new capital at a valuation of $1.9 billion.

The funding round is led by General Catalyst with participation from a16z. Ramaswamy's move into the nuclear sector focuses on the development of reactor technology through the startup's operations.

Mapped to your portfolio

Possible scenarios

38%Pilot Buildout Advances+0.0%
27%Commercial Timetable Slips-0.0%
20%Hyperscaler Nuclear Deals+0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Vivek Ramaswamy's Atlas Atomics Raises $400M at $1.9B Valuation

In this story

Atlas Atomics Vivek Ramaswamy General Catalyst Andreessen Horowitz

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

38%Pilot Buildout Advances+0.0%
27%Commercial Timetable Slips-0.0%
20%Hyperscaler Nuclear Deals+0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.