Nucleation's Fund I Portfolio

Core Power (Q3-21) – a UK-based partner in a Molten Chloride Fast Reactor (MCFR) development consortium with TerraPower, Southern Co. and Orano, with exclusive rights in the marine market.

Radiant Nuclear (Q4-21) – An El Segundo, California-based developer of Kaleidos, a portable nuclear microreactor that replaces diesel generators.

Deep Isolation (Q1-22) – A Berkeley, California-based developer of deep borehole technology for the termporary or permanent storage of nuclear waste.

Synergetic World  (Q2-22) – A US-based integrater of low-carbon energy for synthetic fuel production.

Ultra Safe Nuclear Corp. (Q2-22) – A Seattle, Washington-based developer of the Micro Modular Reactor, a TRISO-fueled, high-temperature gas reactor, designed to be built underground for maximum safety.

Focused Energy (Q3-22) – An Austin, Texas based developer of a laser Inertial Fusion Energy (IFE) approach to fusion energy production.

Copenhagen Atomics (Q4-22) – A Danish developer of a thorium molten salt thermal breeder reactor which turns nuclear waste into fuel.

Planetary Technologies (Q1-23) – A Canadian-based developer of an Ocean Alkaline Enhancement (OAE) approach to marine carbon dioxide removal (mCDR).

NuclearN (Q2-23) – A Phoenix, Arizona-based developer of nuclear AI support modules, which are already in use by a number of North American nuclear power plant operators.

Blykalla (Q2-23) – A Swedish developer of a high-temperature, low-cost lead-cooled reactor.

Twelve (Q1-24) – A  Berkeley, California-based developer and producer of sustainable aviation fuel (SAF) and naphtha using a “power-to-liquid” approach to reducing carbon by 90%.

Blue Energy (Q2-24) – An innovative, early-stage, Massachusetts-based nuclear design and integrator, working to develop a novel methodology to deploy licensed SMRs at scale.

Aalo Atomics (Q3-24) – Leveraging the DOE’s R&D on MARVEL, an advanced nuclear reactor developed at the INL, to expedite the design, review, approval and scaled deployment of a fleet of highly stable and safe micro-reactors.

SHINE Technologies (Q4-24) – Commercializing high flux neutrons from DT fusion for radiation effects testing, isotope production and waste separation enroute to development of cost-effective fusion energy.

Zeno Power (Q4-24) – A venture harnessing radioisotope decay from nuclear waste to generate years of reliable energy from deep sea to deep space.

Radiant Nuclear (Q1-25) – An El Segundo, California-based developer of Kaleidos, a portable nuclear microreactor that replaces diesel generators. (This was our second investment into Radiant.)