Funding round
Radiant Nuclear Series A
Radiant Nuclear, which works in nuclear microreactor development and manufacturing in El Segundo, raised $13M in a Series A round announced on 24 Feb 2023. 1 firm took part. It is Radiant Nuclear's first venture round on record.
$13M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Radiant Nuclear did not disclose a valuation in this round. It is Radiant Nuclear's first venture round on record, 3 years after it was founded in 2020. It is 2.4% of the $518M Radiant Nuclear has raised in the venture rounds on record. Radiant Nuclear raised again 2 months later: a Series B round of $40M in Apr 2023. Its next priced round, a Series D in Dec 2025, valued it at $1.80B.
Radiant Nuclear's funding rounds
Radiant Nuclear has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 3 venture-backed companies
Comparable rounds
How it compares
14 Series A rounds in Electric Supplies & Power Generation within a year either side disclosed an amount; the median was $18M, and this round was 70% of the median. The closest in time, other companies' Series A rounds in Electric Supplies & Power Generation:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Electric Supplies & Power Generation | 2 Feb 2023 | $10M | not disclosed | not named |
| Electric Supplies & Power Generation | 17 Mar 2023 | $11M | not disclosed | NRP and Statkraft Ventures |
| Electric Supplies & Power Generation | 7 Dec 2022 | $9.8M | not disclosed | not named |
| Electric Supplies & Power Generation | 3 Oct 2022 | $40M | not disclosed | Fifth Wall and Agility Ventures |
| Electric Supplies & Power Generation | 28 Jun 2023 | $11M | not disclosed | bp ventures |
| Electric Supplies & Power Generation | 27 Sep 2022 | $119M | not disclosed | Aviva Investors |
| Electric Supplies & Power Generation | 5 Sep 2023 | $27M | not disclosed | Mirova |
| Electric Supplies & Power Generation | 28 Sep 2023 | $5.4M | not disclosed | eQventure and tecnet |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Radiant Nuclear raise in its Series A round?
Radiant Nuclear raised $13M in its Series A round, announced in Feb 2023.
Which investors took part in Radiant Nuclear's Series A round?
McKinley.
What was Radiant Nuclear's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Electric Supplies & Power Generation?
14 Series A rounds in Electric Supplies & Power Generation within a year either side disclosed an amount; the median was $18M, and this round was 70% of the median.
Did Radiant Nuclear raise again after this round?
Yes: a Series B round in Apr 2023 of $40M.