€32m round brings Finnish Steady Energy closer to 'world’s first commercial SMR'
1 juli 2025
15:24
Finnish SMR startup Steady Energy has raised €32m to fund a pilot plant in central Helsinki and speed up development of its small-scale nuclear heating technology.
Finnish startup Steady Energy has closed a €32 million funding round to accelerate development of its small modular reactor (SMR) for district heating. The company says it’s on track to deliver the world’s first commercial heating reactor by the early 2030s.
The round – among the largest in Finland this year – includes backing from LocalTapiola, state-owned investor Tesi, Amsterdam-based Move Energy, and Valo Ventures.