Small Modular Reactors

Fermi Energia / Estonian Company Has Raised Funds To Begin Official Planning Process, Says CEO

By Kamen Kraev
23 February 2021

Nuclear startup says recent crowdfunding campaign was oversubscribed at more than €4m
Estonian Company Has Raised Funds To Begin Official Planning Process, Says CEO
Kalev Kallemets said 1,641 investors committed €4.4m, of which €2m will be accepted. Courtesy Fermi Energia.
Estonia-based energy startup Fermi Energia has raised the €2.5m it needs to start the official planning process for the deployment of a small modular reactor in the Baltic country, the company’s chief executive officer Kalev Kallemets told NucNet.

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