Deep Fission went public on Nasdaq in a deal valuing the company at approximately $1 billion, becoming the eighth US-based pure-play SMR company to go public.
PUBLIC · FISNOct 05, 2026
Amount Raised
$1 Billion
Round Type
Venture
BerkeleyEnergyRenewable Energy
Description
Deep Fission emerged from stealth mode in August 2024 after raising $4 million in a pre-seed round. The company, which develops advanced nuclear technology including gravity reactors, went public on the Nasdaq approximately 22 months after its initial funding announcement. The IPO valued Deep Fission at about $1 billion. The company aims to address growing power demand from AI and data centers through its small modular reactor technology.
Company Information
Company
Deep Fission
Location
Berkeley, California, United States
About
Deep Fission is a pioneering nuclear energy company revolutionizing the energy landscape by positioning modular nuclear power plants a mile underground. Founded by Elizabeth and Richard Muller in 2023, the company leverages traditional reactor designs in unconventional environments to enhance safety and reduce costs. Their innovation aims to provide clean and affordable nuclear power in response to climate change. Deep Fission is committed to advancing clean energy and global energy security.
Fundz sees it the moment Deep Fission raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.