ParcoData sells $544,910 toward nuclear-powered AI data center plan
Founders Alex Gadotti and Luca Longobardi are seeking $2.31 million while their reactor suppliers remain in NRC pre-application work.
By Ryan Merket · Published
Primary source: SEC
Why it matters
ParcoData is an early example of founders treating power generation, cooling and data center development as one product. Its first financing also exposes the gap between a seed-scale raise and a gigawatt nuclear build.
Alex Gadotti and Luca Longobardi have sold $544,910 of equity in ParcoData, giving their newly formed nuclear-powered AI data center developer its first disclosed financing as they pursue a $2.31 million offering.…
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