Funding round
Blue Energy Growth
Reported as "Growth Equity"
Blue Energy, which works in modular nuclear power plant design in United States, raised $380M in a Growth round announced on 21 Apr 2026, led by VXI Capital. 4 firms took part. It is Blue Energy's second venture round on record; the one before was a Series A in Oct 2024.
$380M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Blue Energy did not disclose a valuation in this round. It came 18 months after Blue Energy's Series A. It is 89% of the $425M Blue Energy has raised in the venture rounds on record. Blue Energy raised again 3 months later: a Series B round in Jul 2026.
Investors
Who put money in
VXI Capital led the round with 3 other firms.
Lead investor
- VXI Capital new investor
Also in the round
- backs 27 venture-backed companies new investor
- At One Ventures new investor
- backs 12 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
13 Growth rounds in Electric Supplies & Power Generation within a year either side disclosed an amount; the median was $100M, and this round was 3.8 times the median. The closest in time, other companies' Growth rounds in Electric Supplies & Power Generation:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Valar Atomics Electric Supplies & Power Generation | 2 Apr 2026 | $450M | $2.00B | not named |
| VoltaGrid Electric Supplies & Power Generation | 11 May 2026 | $1.00B | not disclosed | not named |
| Electric Supplies & Power Generation | 5 Jun 2026 | $46M | not disclosed | S2G Investments |
| Electric Supplies & Power Generation | 2 Feb 2026 | $30M | not disclosed | Nordic Alpha Partners |
| Electric Supplies & Power Generation | 5 Feb 2026 | $27M | not disclosed | Ultra Capital |
| Electric Supplies & Power Generation | 5 Aug 2026 | $22M | not disclosed | Barclays Climate Ventures and PXN Ventures |
| Electric Supplies & Power Generation | 21 Sep 2026 | $100M | not disclosed | Samsung C&T |
| Electric Supplies & Power Generation | 6 Oct 2026 | $6.00B | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Blue Energy raise in its Growth round?
Blue Energy raised $380M in its Growth round, announced in Apr 2026.
Who led Blue Energy's Growth round?
VXI Capital led it, with Engine Ventures, At One Ventures and Tamarack Global.
What was Blue Energy's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Electric Supplies & Power Generation?
13 Growth rounds in Electric Supplies & Power Generation within a year either side disclosed an amount; the median was $100M, and this round was 3.8 times the median.
Did Blue Energy raise again after this round?
Yes: a Series B round in Jul 2026.