Jaan Tallinn buys stake in Estonian nuclear startup Fermi Energia

What's the deal? Estonian entrepreneur Jaan TallinnDealroom has a profile for this one. Try Dealroom → has acquired a stake in Fermi EnergiaDealroom has a profile for this one. Try Dealroom →, the company that wants to build small modular nuclear reactors in Estonia. The purchase was made through Soft Spark Investments, a company he owns with Keiu Heinpalu, according to a share register extract.

What's the endgame? Fermi Energia is developing modular nuclear plants in Estonia. The company has filed an application to launch site studies for a nuclear plant.

The signal: One of Estonia's wealthiest individuals is backing an early-stage nuclear venture, a signal of private capital moving into a sector that remains unproven in the country.

Read more: Postimees

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