Last Energy, the DC-based microreactor startup, just got a boost on its path to deploy its first modular reactor system by 2026. The company announced today that it closed a $40M Series B round earlier this year, which will help it dramatically ramp up its hiring and make progress towards regulatory approvals in its target […]
The next hotspot for nuclear reactor construction is underground. At least, that’s the future reactor startup Deep Fission wants to make happen. The company emerged from stealth last week with $4M in seed funding and a vision to use borehole drilling to plant SMRs a mile beneath the surface of the Earth. This approach would […]
Austin’s local nuclear energy startup, Aalo Atomics, just got a major funding boost as it looks to beef up its team and make progress toward its holy grail: mass manufacturing of nuclear reactors. The company announced yesterday that it’s raised an additional $27M in funding from investors. 50Y and Valor Equity Partners led the round, […]
Investor enthusiasm for fusion is alive and well. Our proof: a fresh batch of funding to the tune of $53.5M for Type One Energy, a startup building a stellarator in Tennessee. The investment completes Type One’s seed round, which stands at a grand total of $82.4M after the company announced a $29M portion last year. […]
N-ergy recently raised a $1.5M pre-seed round to build out a data-powered autonomous advanced materials factory that can dramatically speed up the design, manufacture, and qualification of new materials—from five years to three months, start to finish.
Xcimer Energy has topped the year-to-date record for a fusion company fundraise with its $100M Series A.
Curio Legacy Ventures has secured $14M in new funding to support the development of its nuclear fuel recycling systems, the company announced on Thursday.
A Swedish SMR developer just got funding to take the next step in development. Blykalla announced this week that it secured 80M SEK ($7.3M) in new funding from investors.
Uranium enrichment via laser sounds like something a Bond villain might cook up, but some view it as the key to boosting America’s competitiveness, attaining energy security, and achieving the Biden administration’s climate change goals all at once.
Blue Laser Fusion is hard at work building a fusion generator it plans to commercialize within the decade. Yesterday, the company announced the closing of a $37.5M seed round to advance its growth and tech development.
