Portfolio company, Deep Isolation, announces the launch of a multiyear, full-scale, at-depth demonstration program to advance its deep borehole nuclear waste disposal technology and generate operational data to support regulatory confidence, following the completion Project UPWARDS announced in December last year.
A new World Nuclear Association report finds that national government targets could lift global nuclear capacity well beyond the goal of tripling by 2050...
Published by Nucleation Capital in Advanced Nuclear, Artificial Intelligence, Big Tech, Carbon emissions, Climate change, Climate policy, Corporate decarbonization, Data centers & Digital Infra, Department of Energy, Distributed grids, Electrification, Energy transition, Fission, Fusion, Future of Energy, Nuclear competitiveness, Nuclear financing, Nuclear innovation, Nuclear R&D, Nuclear Regulatory Commission, Nuclear waste, REPORTS, Solving climate, US competitiveness
Published by Nucleation Capital in Energy abundance, Fail-safe fuels, Fission, Future of Energy, Nuclear innovation, Nuclear waste, Pro-nuclear campaign, VIDEO
Deep Isolation has finished its three-year DOE-supported UPWARDS project, validating the first disposal-ready universal canister system engineered to store, transport, and ultimately dispose of spent fuel from advanced reactors across multiple repository types...
Published by Nucleation Capital in Advanced Nuclear, Company Milestone, Department of Energy, NEWS, Nuclear competitiveness, Nuclear innovation, Nuclear R&D, Nuclear waste, Portfolio Venture, Private companies, US competitiveness
S&P Global offers a useful overview of ongoing regulatory work at the IMO and IAEA aimed at updating the framework for civilian nuclear at sea — an effort that will eventually matter for developers like Core Power as the sector looks toward commercial pathways...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Future of Energy, Government support, NEWS, Nuclear competitiveness, Nuclear financing, Nuclear innovation, Nuclear maritime propulsion, Nuclear R&D, Nuclear Regulatory Commission, Nuclear waste, Nuclear-inclusive energy policy, Politicians supporting nuclear, Portfolio Venture, Private companies, Transatlantic News, US competitiveness
Rebecca Tuhus-Dubrow, author of "Atomic Dreams," makes a compelling case for California to rethink its 1976 moratorium on building nuclear plants — arguing that clean-firm power is essential for meeting climate and energy goals, in an increasingly electrified economy.
Published by Nucleation Capital in Advanced Nuclear, Climate change, Climate policy, Energy transition, Fission, Government support, LINKS, Nuclear competitiveness, Nuclear waste, Nuclear-inclusive energy policy, Nucleation communications, Regulatory reform, Solving climate, US competitiveness, US technological leadership
Zeno Power joined industry leaders in highlighting nuclear as vital to surviving the lunar night and maintaining U.S. leadership in the new space race.
Published by Nucleation Capital in Advanced Nuclear, Fission, LINKS, National Defense, Nuclear competitiveness, Nuclear innovation, Nuclear R&D, Nuclear waste, Portfolio Venture, Private companies, RTGs, US competitiveness, US technological leadership, Venture capital support for nuclear
Deep Isolation has successfully completed Project PUCK, an initiative to demonstrate the feasibility and commercial readiness of its Universal Canister System (UCS) to manage TRISO spent nuclear fuel. Deep Isolation worked with advanced reactor company Kairos Power to conceptually evaluate the use of TRISO pebble fuel, affirming the UCS as a safe, scalable solution of deep borehole disposal for next-generation reactors.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Energy transition, Fission, Future of Energy, Government support, NEWS, Nuclear competitiveness, Nuclear R&D, Nuclear waste, Portfolio Venture, Private companies, Uranium & Mining, US competitiveness, US technological leadership, Women in Nuclear
Nucleation announces its investment in Zeno Power’s $50 Million Series B with Fund I
Nucleation is delighted to announce our participation in Zeno Power’s $50 million Series B funding round, led by Hanaco Ventures with participation from Seraphim, Balerion Space Ventures, JAWS, Vanderbilt University, RiverPark Ventures, Stage 1 Ventures, 7i Capital, Beyond Earth Ventures, and other investors.
In an article released today, Axios has first reported on Zeno Power's close of this funding together with news of the company's appointment of Admiral John Richardson, USN (Ret.), former Chief of Naval Operations and Director of the Naval Nuclear Propulsion Program, to its Board of Directors. This brings the total raised by Zeno to over $70 million, following the company's Series A, which was led by Tribe Capital.
Zeno Power is working to power strategic frontiers, which include the deep ocean, the Artic and space, regions where there are prospects for commerce, strategic influence and international competition for resources. The company builds nuclear batteries, essentially radioisotope power systems, which convert the heat from nuclear "waste" materials like Strontium-90 (Sr-90) into long-duration energy sources. The demand for such power systems—by groups seeking to operate on the moon, Mars, in the Artic and deep ocean—prove the high value of many of the highly radioactive materials found in nuclear waste. Over the last three years, Zeno has secured over $60M in contracts from the U.S. Department of Defense and NASA, built and demonstrated their first nuclear prototype at Pacific Northwest National Laboratory, and secured the nuclear fuel and facilities to build their first 10+ nuclear batteries.
The company's Series B funding is expected to unlock the team's plans to:
- Demonstrate full-scale nuclear batteries in 2026 to enable maritime and space deliveries in 2027
- Scale their manufacturing capabilities to meet growing demand from government and commercial customers
- Expand into seabed telecommunications, deep-sea mining for critical minerals, and commercial space markets
- Grow our team from 65 to 100+ team members across Seattle and Washington D.C.
To learn more about Zeno and their business of unlocking the value of nuclear waste, read Zeno Power CEO Tyler Bernstein's blog post, Powering the Frontier: Our $50M Series B Round, with more information about the raise and Zeno's plans for the coming years.
Also see: GeekWire, Zeno Power raises $50M in funding to fuel development of next-gen nuclear batteries, by Alan Boyle, May 14, 2025.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Energy abundance, Future of Energy, Government support, Investor activity, NEWS, Nuclear financing, Nuclear innovation, Nuclear R&D, Nuclear waste, Nucleation communications, Portfolio Venture, RTGs, Solving nuclear waste, US competitiveness, US technological leadership, Venture capital support for nuclear, Zero emission energy
SHINE Technologies, a Nucleation portfolio venture and next-generation fusion company, today announced a strategic partnership with Sumitomo Corporation of Americas (SCOA), a leading global trading and investment company. The partnership, formalized through a Memorandum of Understanding (MOU), will explore and develop pathways for SCOA to promote and distribute SHINE's innovative products and services throughout Japan and other Asian markets.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Fusion, International Collaboration, INTERNATIONAL NEWS, Medical Isotopes, Neutron services, NEWS, Nuclear waste, Portfolio Venture, Private companies
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