Aalo Atomics

Toronto, Canada Founded: 2023 • Age: 3 yrs
Nuclear energy projects are developed by Aalo Atomics in Canada.

About Aalo Atomics

Aalo Atomics is a company based in Toronto (Canada) founded in 2023 by Yasir Arafat and Matt Loszak.. Aalo Atomics has raised $133.26 million across 3 funding rounds from investors including NRG Energy, Crosscut Ventures and Wayfinder Ventures. Aalo Atomics offers products and services including Aalo Pod. Aalo Atomics operates in a competitive market with competitors including enCore Energy Corp, Nexus Uranium, Green Shift Commodities, Radio Fuels Energy Corp and Oberon Uranium Group, among others.

  • Headquarter Toronto, Canada
  • Founders Yasir Arafat, Matt Loszak
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $133.26 M (USD)

    in 3 rounds

  • Latest Funding Round
    $100 M (USD), Series B

    Aug 19, 2025

  • Investors
    NRG Energy

    & 15 more

  • Employee Count
    Employee Count
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Products & Services of Aalo Atomics

Aalo Atomics offers a comprehensive portfolio of products and services, including Aalo Pod. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

A 50 MWe power plant designed for data centers.

People of Aalo Atomics
Headcount 10-50
Employee Profiles 13
Employee Profiles
People
Kurt Vedros
PRA Engineer
People
Angelina Leonardi
Director Of Financial Operations
People
Austin Anthis
Principal Mechatronics Engineer
People
Jeff Jones
Principal Process Engineer

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Funding Insights of Aalo Atomics

Aalo Atomics has successfully raised a total of $133.26M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $100.0M
  • First Round

    (01 Jun 2023)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2025 Amount Series B - Aalo Atomics Valuation Valor Equity Partners
Aug, 2024 Amount Series A - Aalo Atomics Valuation Valor Equity Partners , Fifty Years
Jun, 2023 Amount Seed - Aalo Atomics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aalo Atomics

Aalo Atomics has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include NRG Energy, Crosscut Ventures and Wayfinder Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Venture capital investments are made in American technological innovation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aalo Atomics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aalo Atomics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aalo Atomics Comparisons

Employees
+
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Competitors of Aalo Atomics

Aalo Atomics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as enCore Energy Corp, Nexus Uranium, Green Shift Commodities, Radio Fuels Energy Corp and Oberon Uranium Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Uranium development is pursued by enCore Energy Corp in Canada.
domain founded_year HQ Location
Nuclear energy projects are advanced through the Wray Mesa initiative.
domain founded_year HQ Location
Nuclear energy projects are developed and advanced globally.
domain founded_year HQ Location
Acquisition, development, and management services for nuclear energy are provided.
domain founded_year HQ Location
Developer of nuclear energy projects
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aalo Atomics

Frequently Asked Questions about Aalo Atomics

When was Aalo Atomics founded?

Aalo Atomics was founded in 2023.

Where is Aalo Atomics located?

Aalo Atomics is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of Aalo Atomics?

Matt Loszak is the current CEO of Aalo Atomics. They have also founded this company.

Is Aalo Atomics a funded company?

Aalo Atomics is a funded company, having raised a total of $133.26M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6.26M, raised on Jun 01, 2023.

What does Aalo Atomics do?

Aalo Atomics was founded in 2023 in Toronto, Canada, by co-founders Matt Loszak as CEO and Yasir Arafat as CTO. Nuclear energy initiatives are advanced through research and development efforts in the clean energy sector. Operations focus on innovative reactor technologies and project deployment, with activities centered in North America. Services include engineering consultations and prototype testing for sustainable power solutions. The companys domain is aalo.com.

Who are the top competitors of Aalo Atomics?

Aalo Atomics's top competitors include enCore Energy Corp, Nexus Uranium and Radio Fuels Energy Corp.

What products or services does Aalo Atomics offer?

Aalo Atomics offers Aalo Pod.

Who are Aalo Atomics's investors?

Aalo Atomics has 16 investors. Key investors include NRG Energy, Crosscut Ventures, Wayfinder Ventures, Valor Equity Partners, and Fifty Years.

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