Hello Thursday Ventures investors,
We are excited to share an investment opportunity in
Aalo Atomics, a company building mass-manufactured nuclear power plants purpose-built for AI data centers. Aalo has opened a $100M SAFE note at a $2B valuation cap, which is currently 65% filled and targeting a close in mid-April. Thursday Ventures has the opportunity to participate in this round, with the company's Series C (targeting $500M at a $2.5–3.5B pre-money valuation) expected to follow shortly thereafter, expected in July/August 2026. Kindred Ventures, an existing investor in the company, is doubling down and leading the SAFE round. Thursday Ventures already has >$3M of commitments into this SPV.
If you are interested in investing, please fill out this
Indication of Interest form.
Below is an overview of the company with some detail on their progress to date.
Aalo Atomics is building mass-manufactured nuclear power plants for AI data centers. Founded in 2023, the company has grown from 2 to 150 people in 2.5 years, raised $220M, and is weeks away from zero-power criticality on its first reactor — ahead of every major competitor in the advanced nuclear space.
Aalo's flagship product is the Aalo Pod: five 10 MWe sodium-cooled reactors paired with one turbine for 50 MWe total output, designed for factory production and rapid on-site assembly. Unlike most nuclear vendors, Aalo manufactures the entire plant — not just the reactor — enabling a cost curve targeting 14–14.5¢/kWh first-of-kind and below 10¢/kWh at scale. The company has signed ~10 GW of LOIs and MOUs with hyperscalers and data center operators (~$120B in potential contract value), with its first commercial deployment targeted for late 2026/early 2027.
The company is led by Matt Loszak (CEO, YC alum, prior $150M exit) and Yasir Arafat (CTO, led the MARVEL program — the first reactor ever approved for DOE construction), with senior advisors from SpaceX manufacturing, Bloom Energy, and Microsoft/Google/Amazon energy.
Please reach out with any questions.
Best regards,
Thursday Team
Legal Disclaimer: This email and the summaries referenced herein contain "forward-looking statements" under applicable securities laws. These statements represent Thursday's own views based on the information presently in our possession, but are not guarantees of future performance and undue reliance should not be placed on them. In certain circumstances we are relaying information in the public domain or that provided to us by our portfolio companies, but may not have independently vetted such information. In other instances, there may be other relevant information to which we do not have access. Accordingly, any forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and results in future periods to differ materially from any anticipated outcomes we may articulate.