Why Silicon Valley is so hot on nuclear energy and what it means for the industry

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The amount of money private investors are putting into nuclear energy has never been seen before in the U.S. Here's why, and what it means for the industry.

Jacob DeWitte, CEO of micro-reactor startup Oklo, says the landscape has changed dramatically since he started raising money in 2014, when he was a part of the Y Combinator startup incubator.

"I think having fresh perspectives is really good," Parsons told CNBC. Nuclear energy is "a very complex science, and it's been supported by the federal government and at these national labs. And so that's a very small circle of people. And when you broaden that circle, you get a lot of new minds, different thinking, a variety of experiments."

for CNBC. In that same time, climate investing deal flow in the United States jumped by 214% in terms of volume and 1,348% by dollar value.

 

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