Latest Stories
Fusion’s 2024 Wrapped
We’re still at least a handful of years from a working commercial fusion plant, but across the country and world, we’re getting closer every day. Fusion firms found success in fundraising, partnerships, and technological development this year in their quest to unlock the limitless power of the sun. Here’s our roundup of the highlights. Raising […]
Your 2024 Fission Industry Wrapped
We started covering the fission industry with Ignition’s launch back in February. At that point, we had no idea (OK, maybe an inkling) that this year would hold so many pivotal moments in fission development for the US market. Here’s our recap of the moments and trends that mattered most in the US fission sector. […]
A Q+A With DCVC’s Rachel Slaybaugh
The nuclear renaissance doesn’t just need researchers. It also needs engineers, government supporters, operators, educators, and investors. Luckily for the industry, Rachel Slaybaugh is all of the above. Over the last few decades, she’s published research on computational methods for fusion plants, developed the fission program at DOE’s ARPA-E office, served as a licensed nuclear […]
A Q+A with David Ulevitch, General Partner at Andreessen Horowitz
In the world of deep tech venture capital, a16z has become a force. The firm made a name for itself with pragmatic investments in companies looking to scale transformative tech benefitting the national interest—and they tend to be boundary-pushing industry leaders in their fields. David Ulevitch and Katherine Boyle started the American Dynamism practice two […]
A Q+A with Liz Muller, CEO of Deep Fission
Serial entrepreneur Liz Muller has a new vision for the nuclear energy sector: putting SMRs deep underground. The idea might sound crazy, but Muller has spent enough time thinking about the benefits of boreholes—narrowly drilled holes in rock that can be used to place items, including machinery, one mile or more below the Earth’s surface—that […]
A Q+A with Matt Loszak, CEO of Aalo Atomics
To build a great microreactor, you need a great team. Matt Loszak, CEO of Aalo Atomics, began a new nuclear microreactor company a year ago with visions of cleaning up the Earth while enabling the growth and commercial success of energy tech. Over the last year, the company has grown from two to 15 people […]
Tokamak Energy Raises $125M
Tokamak Energy, a UK- and US-based fusion startup working on building—you guessed it—a tokamak, has raised a new batch of funding to support the development of high-temperature superconducting magnets for fusion sector customers. The $125M round was led by East X Ventures and Lingotto Investment Management. “We are focused on commercializing our transformative HTS technology […]
Radiant Raises $100M Series C
Radiant, the microreactor company building a deployable fission reactor designed to fit on a truck and meet the energy needs of remote and specialized operations, announced on Thursday it raised a $100M funding round. DCVC led the Series C, which also included participation from Andreessen Horowitz, Union Square Ventures, Founders Fund, Decisive Point, McKinley Alaska […]
Antares Raises $30M Series A
Antares, a company building modular microreactors for use on Earth and in space, announced Wednesday that it raised a new batch of funding to forge ahead with development. The $30M Series A round was led by Caffeinated Capital and AltCap. It also included participation from Rogue, Uncommon Capital, Shrug, Banter Capital, Box Group, and Shine […]
Marvel Fusion Raises a €62.8M Series B
It’s a bird, it’s a plane…it’s another high-flying batch of funding for a fusion startup! Last week, Marvel Fusion announced that it has secured a €62.8M ($70.3M) Series B round to support development of its inertial confinement fusion approach. Frickin’ laser beams: Most of the companies raising funds at this scale to pursue commercial fusion […]
