Blykalla is proceeding with the next phase of planning for a proposed SMR park in Sweden, targeting six lead-cooled reactors as the project moves toward permitting and potential deployment in the early 2030s...
After more than a decade of policies that sidelined nuclear, the EU has finally begun to acknowledge the misstep. Ursula von der Leyen said Europe made a “strategic mistake” in turning away from nuclear power as the European Commission unveiled plans for new financial support and a strategy in an effort to deploy small modular reactors across the continent in the early 2030s——a modest but notable signal of shifting sentiment, even as member states remain divided and nuclear policy itself remains largely unchanged...
Published by Nucleation Capital in Advanced Nuclear, Capital reallocation, Carbon markets, Energy transition, Government, Government support, International support for nuclear, LINKS, Nuclear competitiveness, Nuclear financing, Nuclear-inclusive energy policy
Portfolio company, Copenhagen Atomics, has completed two years of continuous high-temperature molten salt pump operation, surpassing 100,000 combined pump runtime hours across its test infrastructure and generating durability data critical for molten salt reactor deployment...
Published by Nucleation Capital in Advanced Nuclear, Company Milestone, NEWS, Nuclear innovation, Nuclear R&D, Portfolio Venture, Private companies
Ontario Power Generation and the New York Power Authority have agreed on a framework to jointly advance nuclear project development, financing understanding, and workforce capacity for large-scale reactors and small modular reactors, alongside a political declaration reinforcing cross-border coordination on nuclear power and electricity trade.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Government, International Collaboration, International support for nuclear, LINKS, Nuclear competitiveness, Nuclear financing, Nuclear R&D, Pro-nuclear campaign, Pronuclear States, Workforce Development
The U.S. Army is progressing with Project Janus to deploy a transportable microreactor by 2028, with Radiant already participating through the ANPI program; the effort supports defense energy needs while commercial use will still depend on NRC licensing...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Department of Energy, Electrification, Energy transition, Fission, Future of Energy, Government, Grid Resiliency, National Defense, NEWS, Nuclear innovation, Nuclear R&D, Nuclear Regulatory Commission, Nuclear-inclusive energy policy, Portfolio Venture, Private companies, Trump Administration
The U.S. Army’s Janus Program will deploy nuclear microreactors by 2028, with Radiant’s Kaleidos design featured among the advanced systems supporting base energy resilience.
Industry coverage highlights how Blykalla’s collaboration with Studsvik and Evroc could position Sweden as a pioneer in pairing small modular reactors with AI and cloud infrastructure...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Artificial Intelligence, Electrification, Energy transition, Fission, Future of Energy, International Collaboration, International support for nuclear, NEWS, Nuclear competitiveness, Nuclear R&D, Portfolio Venture, Private companies
Portfolio company Blykalla has joined forces with Studsvik and European hyperscaler Evroc to assess developing Sweden’s first nuclear-powered data centers at the Studsvik site in Nyköping...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Artificial Intelligence, Electrification, Energy transition, Fission, Future of Energy, International Collaboration, International support for nuclear, NEWS, Nuclear competitiveness, Nuclear R&D, Portfolio Venture, Private companies
Portfolio company Blykalla has secured Oklo as a co-lead investor in its A2 round and formed a transatlantic partnership to collaborate on reactor technology, supply chains, and regulatory pathways...
Published by Nucleation Capital in Advanced Nuclear Customers, International Collaboration, NEWS, Nuclear financing, Nuclear R&D, Portfolio Venture, Private companies, Public companies, Transatlantic News, Venture capital support for nuclear
Nucleation Capital is proud to back Aalo Atomics once again, participating in their $100 million Series B round. This marks our second investment in Aalo, following our participation in their Series A in Q3 2024 and now again in Q3 2025.
The Series B was led by Valor Equity Partners, with participation from new and existing investors including Nucleation Capital, Fine Structure Ventures, Hitachi Ventures, NRG Energy, and others.
Nucleation is honored to be able to continue supporting Aalo as they accelerate towards commercialization as part of the DOE’s pilot licensing program. And we’re pleased to be able to provide more accredited investors access to exciting ventures innovating the future of energy like Aalo. If you wish to participate in Aalo, you may still do so with a subscription to Nucleation’s Fund I starting in Q3-2025. Learn more here.
Published by Nucleation Capital in Advanced Nuclear, Future of Energy, NEWS, Portfolio Venture, US competitiveness, US technological leadership, Venture capital support for nuclear
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