Announced
Completed
Synopsis
Decisive Point, a venture capital firm, led a $140m round in Standard Nuclear, a nuclear energy company, with participation from Chevron Technology Ventures, StepStone Group, XTX Ventures, Welara, Fundomo, Andreessen Horowitz, Washington Harbour Partners, and Crucible Capital. “Standard Nuclear has successfully achieved numerous pivotal strategic and commercial objectives since our founding one year ago, leading to the remarkable occasion today as we begin producing HALEU TRISO. This successful Series A raise ensures we have the capital required to fully execute on our expansion and growth strategy across various products and services based on our technical manufacturing capabilities and industry-leading fuel production expertise. With this funding, we are positioned to accelerate our roadmap, scale operations, and deliver on the promise to fuel the next generation of reactors powering industry, defense, and space," Kurt Terrani, Standard Nuclear Chief Executive Officer.
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