The Nuclear Company raises $46M to develop massive reactor sites

Share via:


The Nuclear Company is taking an old approach to building new nuclear reactors. Rather than gin up a new design or try to mass manufacture smaller reactors, it wants to develop a series of reactors using existing designs.

The two-year-old startup announced a Series A last month that included investments from CIV, Goldcrest Capital, MCJ Collective, True Ventures, and Wonder Ventures, though it did not disclose the amount raised. Now, TechCrunch can confirm that the company has secured $46.3 million in a Series A fundraise out of a targeted $51.3…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

The Nuclear Company raises $46M to develop massive reactor sites


The Nuclear Company is taking an old approach to building new nuclear reactors. Rather than gin up a new design or try to mass manufacture smaller reactors, it wants to develop a series of reactors using existing designs.

The two-year-old startup announced a Series A last month that included investments from CIV, Goldcrest Capital, MCJ Collective, True Ventures, and Wonder Ventures, though it did not disclose the amount raised. Now, TechCrunch can confirm that the company has secured $46.3 million in a Series A fundraise out of a targeted $51.3…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

The AI Verification Bottleneck: Developer Toil Isn’t Shrinking

The first few years of generative AI in...

Apple signs multi-year deal with Google to finally fix...

Apple has entered into a multi-year deal to...

WooCommerce WordPress Plugin Exploit Enables Fraudulent Charges

The popular WooCommerce Square plugin for WordPress vulnerability...

Popular

iptv iptv iptv