Yossi Sagol's New Venture: Investing in Nuclear Energy
The prominent businessman is expanding his portfolio by joining as an anchor investor in a company developing small modular nuclear reactors in the US to power AI data centers, alongside other key figures from the Israeli economy.
Businessman Yossi Sagol is entering the nuclear energy sector for the first time by joining as an investor in the company ARCVIA. The firm is developing small modular nuclear reactors (SMR) in the United States, with the goal of providing continuous electricity to data centers following the surge in demand for energy driven by artificial intelligence.
This move marks an expansion of Sagol's energy activities; having previously served as an anchor investor in Econergy, he is now working to establish an energy arm within his investment company, alongside his holdings in the Profit group and KC Partners.
ARCVIA was founded in 2025 by Itamar Sarusi and Yonatan Raskin. The two founders, who previously managed major deals with tech giants such as Google and Amazon, identified early on the growing need for reliable, round-the-clock electricity supply. Alongside Sagol, other key figures in the Israeli economy have joined as investors, including Amir Lazar, former CEO of Bank Leumi Mortgage Bank, and Avi Khuri, former CFO of Keter Plastic.
This development comes against the backdrop of a renaissance in the US nuclear industry and bipartisan support for quadrupling nuclear capacity by 2050. While solar and wind energy are considered the cheapest solutions on the market, they struggle to provide the continuous 24/7 power required by large data centers.
SMR technology allows for the construction of small, rapidly deployable stations close to demand hubs, becoming a central pillar in the clean energy mix for technology giants in the coming years.
