Radiant Nuclear, a nuclear startup focused on microreactor technology, has raised $165 million in a Series C funding round led by DCVC. The company is developing the Kaleidos reactor, the first new U.S. reactor design in over 50 years, engineered to provide scalable, reliable, and clean energy. Radiant is among five companies selected by the U.S. Department of Energy to receive high-assay low-enriched uranium (HALEU) fuel for testing their first microreactor. This funding and technological progress coincide with recent legislative support for nuclear energy, including a $350 million grant program approved by the U.S. Senate aimed at revitalizing the nuclear power sector. Industry supporters highlight Radiant's potential to contribute to American energy resilience and provide safe, baseload power for military and civilian applications.
Psyched to announce that @DCVC led a big Series C for @RadiantNuclear! This will help build on their incredible progress to date in building their 1 MW #microreactors. https://t.co/oxrqMG960q
As with the success of @DCVC-backed @oklo with larger reactors, we see the same relentless path towards American power resilience and abundance with @RadiantNuclear Safe, baseload energy for every warfighter at home or overseas, for every community, for every re-homing industry https://t.co/MGbkjGMe0D
#STEPVC is proud to support @RadiantNuclear in its $165 million Series C funding round. Radiant’s Kaleidos reactor represents a significant leap forward: the first new U.S. reactor design in more than 50 years, a microreactor engineered for scalable, reliable, and clean energy in https://t.co/irLqaHKuHk