Valar Atomics confirmed the whisperings that it was raising a giant round led by Sequoia on Monday. The startup’s founder and CEO Isaiah Taylor announced that the company has raised $1 billion in equity, with Sequoia partner Shaun Maguire joining its board, and that it also secured a $200 million line of credit from Erebor and other banks.
While the nuclear startup did not disclose its valuation, Bloomberg reported that it was $6 billion.
Originally reported by TechCrunch. Read the full story at the original source.
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