Notable deals this week:
🇺🇸 TerraPower, a leading nuclear innovation company, has raised a funding round of $750M. This is one of the largest advanced nuclear fundraises to-date. The round was co-led by SK Group and TerraPower’s founder Bill Gates. SK Group invested $250M.
🇰🇷 SK Group is among South Korea’s largest energy providers and the second-largest conglomerate.
🇺🇸 Faraday Future, a California-based global shared intelligent electric mobility ecosystem company, has raised $52M in its latest funding round.
🇺🇸 Cultivated meat startup SCiFi Foods, formerly Artemys Foods, has closed a $22M Series A funding round led by Andreessen Horowitz.
🍔 SCiFi Foods, which uses bioengineering technologies to grow meat from animal cells, aims to launch a burger combining plant-based meat and cultivated beef cells. The product is designed to more closely match the taste of conventional beef burgers at a lower cost than cultivated meat options.
Other promising impact deals:
🇺🇸 Aquabyte, which uses computer vision and AI to give fish farms insight into the health, growth, and sustainability of their fish, completed Series B financing of $25M.
🇮🇳 Sea6 Energy, the India-based firm engaged in production and processing of tropical red seaweed, has raised $18.5M in Series B funding.
🇬🇧 The UK-based solar home system company Bboxx has raised $15M in its latest funding round.
Read up on all the latest impact deals in Dealroom.co
