Nuclear power's comeback? Last Energy raises $40M for micro modular reactors

In this episode of Bricks, Bucks and Bytes, we got to learn about Last Energy's $40 million Series B funding for developing 20 MWe micro modular nuclear power plants.

We also explored how nuclear energy fits into the broader energy landscape, including its role in providing baseload power for data centers.

Additionally, we delved into venture capital fund economics and the challenges of generating returns for large funds.

Tune in to find out about:

✅ The potential for modular nuclear reactors in energy independence

✅ How nuclear power complements other energy sources on the grid

✅ Why fund size impacts venture capital returns

✅ The bifurcation of VC into large platforms and specialized early-stage funds

Listen to the full episode on Spotify to hear on the future of energy and venture capital.

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Company Mentioned:

- Last Energy

- Sequoia

- Andreessen Horowitz

- Tiger Global

- Revolut

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Timestamps

00:00 Welcome Back and Episode Recap

02:25 Exploring Nuclear Power and Last Energy

12:47 The Future of Nuclear Energy in the West

19:24 Regulatory Challenges and Market Demand for Nuclear

24:46 Understanding Baseload Energy and Its Importance

29:27 Venture Capital Insights and Market Dynamics

44:19 The Economics of Fund Sizes and Return