Sai.tech announces seed financing of heatnuc, its smr subsidiary

Singapore, july 17, 2023 (globe newswire) -- sai.tech global corporation (“sai.tech” or “sai” or the “company”, nasdaq: sai), announced today that its subsidiary, atomic evolution limited (doing business as “heatnuc”), has entered into a seed financing subscription agreement with jiude capital, a venture capital investor with a post-investment valuation of us$50 million. the seed financing allows heatnuc to accelerate its team building process, which aims to attract and secure key research and development personnel.
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