As the nuclear power gold rush enters into full swing — spurred by AI companies’ desperate need for electricity — the sellers of “picks and shovels” are starting to cash in, too.
By the end of 2025, nuclear startups had raised $1.1 billion, all for small modular reactors. The deal flow is now extending to those critical suppliers in the nuclear industry. And Standard Nuclear, which makes nuclear fuel to feed those reactors, is one of them.
The company said it has raised $140 million in a Series A round led by Decisive Point with…
