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Blykalla - About the company

Blykalla is a series C company based in Stockholm (Sweden), founded in 2013 by Peter Szakalos. It operates as a Developer and producer of advanced small modular reactors. Blykalla has raised $73M in funding from investors like Norrsken Foundation, Uniper and Oklo. The company has 74 active competitors, including 27 funded and 5 that have exited. Its top competitors include companies like Newcleo, TerraPower and NuScale Power.

Company Details

Blykalla is a Swedish deep-tech startup that is developing and building small modular reactors to deliver clean, safe, and scalable base load power. They are at the forefront of technological innovation in the energy sector and are focused on industrializing leading research.
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Email ID
*****@blykalla.com
Key Metrics
Founded Year
2013
Location
Stockholm, Sweden
Stage
Series C
Total Funding
$73M in 6 rounds
Latest Funding Round
Ranked
Employee Count
118 as on May 31, 2026
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Blykalla's funding and investors

Blykalla has raised a total funding of $73M over 6 rounds. Its first funding round was on 2022. Its latest funding round was a Series C round on Dec 18, 2025 for $*****. 8 investors participated in its latest round. Blykalla has 16 institutional investors.

Here is the list of recent funding rounds of Blykalla:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 18, 2025
8982349
Series C
1320321
3807869
6383321
1551985
Feb 21, 2025
2971887
Series B
3857103
1577404
5350971
Feb 21, 2025
5670593
Grant (prize money)
5947859
9278173
9730891
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Blykalla's founders and board of directors

Founder? Claim Profile
The founders of Blykalla is Peter Szakalos.
Here are the details of Blykalla's key team members:

Blykalla's employee count trend

Blykalla has 118 employees as of May 26. Here is Blykalla's employee count trend over the years:
Employee count trend for Blykalla
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Blykalla's Competitors and alternates

Top competitors of Blykalla include Newcleo, TerraPower and NuScale Power. Here is the list of Top 10 competitors of Blykalla, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Newcleo
Newcleo
2021, Paris (France), Series B
Provider of advanced nuclear energy technologies, focused on designing, building, and operating small modular lead-cooled fast reactors
$843M
69/100
2nd
Logo for TerraPower
TerraPower
2006, Bellevue (United States), Series D
Designer of nuclear reactors
$1.52B
67/100
3rd
Logo for NuScale Power
NuScale Power
2007, Portland (United States), Acquired
Developer of micro nuclear power plants
$198M
63/100
4th
Logo for X Energy
X Energy
2010, Greenbelt (United States), Public
Developer of small modular & high temperature gas cooled nuclear reactor
$1.53B
63/100
5th
Logo for Radiant Nuclear
Radiant Nuclear
2019, Los Angeles (United States), Series D
Developer of portable nuclear microreactors designed to replace diesel generators
$518M
60/100
6th
Logo for Terrestrial Energy
Terrestrial Energy
2013, Charlotte (United States), Series D
Developer of small modular reactor
$118M
59/100
7th
Developer of small modular reactor
-
58/100
8th
Logo for USNC
USNC
2011, Seattle (United States), Series B
Manufacturer of micro modular reactors
$47.4M
54/100
9th
Logo for Jimmy
Jimmy
2021, Levallois Perret (France), Series A
Operator of thermal generators providing decarbonized heat to industrial clients
$17.3M
53/100
10th
Logo for Blykalla
Blykalla
2013, Stockholm (Sweden), Series C
Developer and producer of advanced small modular reactors
$73M
52/100
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Blykalla's Investments and acquisitions

Blykalla has made no investments or acquisitions yet.

News related to Blykalla

lockFilter this list
Media has covered Blykalla for a total of 8 events in the last 1 year, 4 of them have been about partnerships and 2 about company updates.
Blykalla secures EU funding for SMRsNuclear Engineering International magazineFeb 21, 2025Blykalla, European Innovation Council
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