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§ Private Profile · Cambridge, MA, USA
Nuclear power project developer deploying Alva Uprates to upgrade existing U.S. reactors for utilities and AI data centers.
Alva Energy has raised $33.0M across 1 funding round.
Key people at Alva Energy.
Alva Energy has raised $33.0M in total across 1 funding round.
Based in Massachusetts, United States, Alva Energy is a project developer that accelerates nuclear power deployment by upgrading existing reactors to supply clean energy for utilities and hyperscalers. The company focuses on executing 250 to 300 megawatt enhancements, which cost approximately $1 billion each and can be deployed in under two years using previously licensed and established technologies. Operating with a team of 11 to 50 employees, the firm addresses the surging electricity demands of artificial intelligence data centers without the delays associated with new reactor builds. Alva Energy recently secured $33 million in Series A funding led by Playground Global, with participation from 8VC and Segra Capital. Former Intel CEO Pat Gelsinger serves on the board of directors for the enterprise, which was established by founders James Krellenstein, Garrett Wilkinson, and W. Robb Stewart.
Key people at Alva Energy.
Alva Energy has raised $33.0M across 1 funding round. Most recently, it raised $33.0M Series A in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 12, 2026 | $33M Series A | Playground Global | 8VC, Alumni Ventures, Isabelle Boemeke, Logos, Mercator Partners, NGP, Segra Capital, Simon Holmes À Court | Announced |
Alva Energy has raised $33.0M in total across 1 funding round.
Alva Energy's investors include Playground Global, 8VC, Alumni Ventures, Isabelle Boemeke, Logos, Mercator Partners, NGP, Segra Capital, Simon Holmes à Court.