Sector(s)
Avolta is thrilled to have acted as sole financial advisor to nuclear startup HEXANA in securing a €25M seed fundraising.
About HEXANA
Winner of the France 2030 “Innovative Nuclear Reactors” program, HEXANA is developing an energy platform based on fast neutron modular nuclear reactors cooled by sodium (Sodium-cooled Fast Reactors, SFR). This 4th generation technology is positioned as the most advanced solution for the decarbonization of Europe’s strategic industries. It also contributes to improving the nuclear fuel cycle.
Transaction rationale
Supported by leading investors such as Blast.Club, Eren Industries, CEA Investissement, and Région Sud Investissement, this fundraising round, combining €15M in private investment and €10M in public subsidies via Bpifrance, marks a key milestone for HEXANA. This funding will enable the company to:
• Finalize the initial design (Preliminary Design) of the reactor,
• Submit the Safety Options Dossier to the Nuclear Safety Authority,
• Initiate the detailed design phase of the project,
• Secure the first industrial clients and deployment sites in Europe.
A proven technology for the energy solution of the future
HEXANA leverages decades of French expertise in SFR technology (Phénix, Superphénix, ASTRID) to offer a sovereign, competitive, and flexible solution. With two 400MWth modules and an energy storage system, this energy platform addresses the needs of heavy industries, hydrogen production, and synthetic fuels (e-SAF), while providing reliable and carbon-free electricity.
This fundraising confirms the acceleration of the project, with a target market launch by 2035.
