Last Energy

Last Energy

Private
District of ColumbiaEnergy & Sustainabilityhttps://www.lastenergy.com

Last Round

Series C

Dec 16, 2025

Total Funding Raised

$164M

Momentum Score

25 /100

Company Overview

Last Energy is a clean energy company that develops small modular nuclear power projects aimed at revolutionizing the nuclear power industry by significantly lowering construction time and costs while providing both heat and electricity through modular, standard pressurized water reactor technology.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Construction Tech, Energy Management, Defense Tech

Business Model

B2B

Customer Profile

Hardware + Subscription, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

small modular reactorSMRmicroreactorpower purchase agreementPPAenergy-as-a-servicepressurized water reactorPWRbaseload powerdata center powermodular constructionbehind-the-meter powerindustrial powernuclear project developmentprivate nuclear powerclean energy

Historical Pricing

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Caplight Momentum Score

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Last Energy Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Last Energy Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CDec 16, 2025
Series BAug 29, 2024
Series AFeb 16, 2021
SeedMar 23, 2020

Key People

Founding team and executive leadership

Bret Kugelmass

CEO, Founder

Founding Team

Michael Jenner

CEO, Last Energy UK

Executive Team

Jonathan Ritchie

Chief Technology Officer

Executive Team

Adam Wyrick

Chief Financial Officer

Executive Team

Last Energy Investors

Notable investors and investment history

InvestorRounds
Woori Technology Investment Co.Series C
Astera InstituteSeries C
FloodgateSeed
Galaxy InteractiveSeries C
JAM FundSeries C
GigaFundSeries C, Series B, Series A
First Round CapitalSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 1, 2026

    Will expand facilities to Texas to build a 5-megawatt pilot reactor.

  • Apr 7, 2026

    PWR-5 test reactor in Bryan, TX is in startup phase.

Last Energy Filings

SEC and related filings with document metadata.

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Last Energy Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Last Energy's valuation, stock price, and market status.

Firmographic Details

HeadquartersDistrict of Columbia
Employee Range65
Year Founded2019
Last FundingDec 16, 2025

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