Otrera raised €2.5M in funding led by Exergon and other investors to accelerate the development of its Sodium Fast Reactor technology.
Dec 05, 2024•8 months ago
Amount Raised
€2.5 Million
Round Type
seed
Investors
FortilAxe CapitoleEkium Groupe SnefGroupe AdfRéel InternationalCea InvestissementInvest For The Future (Iftf)Exergon
Description
Otrera, a company based in Aix en Provence, France, has raised €2.5M to further develop its modular nuclear technology. The funding was backed by multiple investors including Exergon and CEA Investissement, aimed at addressing energy sovereignty and industrial decarbonization.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers