Nuscale Power Secures Investment And Support From Samsung C&Amp;T Corporation For Global Smr Deployment
Round Type
Venture
CorvallisManufacturingEnergySustainabilityRenewable EnergyDescription
NuScale Power announced today Samsung C&T Corporation (Samsung C&T) has committed to make an equity investment in NuScale to support deployment of its groundbreaking small modular reactor (SMR). In conjunction with the investment, Samsung C&T and NuScale’s lead engineering, construction and procurement (EPC) partner, Fluor Corporation, are developing a business collaboration agreement to expand capabilities available for future deployment of NuScale projects.
Quick answer
NuScale Power raised an undisclosed amount in a funding round, dated July 22, 2021. NuScale Power is based in Corvallis, Oregon, United States.
- How much did NuScale Power raise?
- NuScale Power raised an undisclosed amount in a funding round on July 22, 2021.
- What does NuScale Power do?
- NuScale has designed a new kind of nuclear power plant that is smarter, safer, cleaner, and more cost competitive than the large gigawatt nuclear power plants of the past.
- Where is NuScale Power based and how big is it?
- NuScale Power is based in Corvallis, Oregon, United States. Fundz records about 330 employees.
- Who are the decision-makers at NuScale Power?
- Fundz holds 2 contacts at NuScale Power, including the Chief Engineer, Testing and Analysis. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Sustainability around the same time
Companies in the same sectors as NuScale Power that raised within 45 days of this round, from Fundz verified event records.
- Energy Vault raised $100M (Series C) on August 25, 2021.
- RAVEN SR raised $20M on August 16, 2021.
- Sicona Battery Technologies raised $3.7M (Seed) on August 12, 2021.
- Canadian Solar raised $100M (Funding Round) on July 27, 2021.
- Nabors Industries raised an undisclosed amount on July 16, 2021.
- Mainspring Energy raised $108M on July 6, 2021.
Who to call at NuScale Power, and when
A new round usually means NuScale Power is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day NuScale Power raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at NuScale Power, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at NuScale Power. With Fundz connected, it knows.
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Fundz sees it the moment NuScale Power raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
NuScale Power raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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