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Eclipse led a $51m Series A round in The Nuclear Company.

Synopsis

Eclipse, an investment firm, led a $51m Series A round in The Nuclear Company, a nuclear power firm, with participation from CIV, Goldcrest Capital, MCJ Collective, True Ventures, and Wonder Ventures. “America’s longstanding leadership in nuclear power is threatening to slip away.China has built 37 reactors in the past decade, with 30 more under construction and another 80 expected in the next 10 years. In that time, America has built only two reactors, with none under construction. We can’t stand to lose nuclear and its technology development like we lost manufacturing and all of its jobs. Beyond that, AI and the electrification of everything need nuclear’s firm, clean baseload power. The Nuclear Company is coming to South Carolina to show how we can meet these challenges and continue to grow both employment and the American economy at large,”Jonathan Webb, The Nuclear Company Co-founder & CEO.

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MergerLinks - Eclipse led a $51m Series A round in The Nuclear Company.