Steady Energy raises 2 million euros to decarbonise residential heating with small modular nuclear reactors
Press release June 27, 2023The VTT spin-out will build a heating plant powered by a small nuclear reactor, designed to produce heat efficiently, safely and carbon-neutrally, at considerably lower temperature and pressure than traditional nuclear reactors.Steady Energy, a spin-out company from VTT Technical Research Centre of Finland , that aims to decarbonise the energy-intensive heating industry starting with residential and district heating, has raised EUR 2 million in seed funding led by VTT, Yes VC and Lifeline Ventures