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INDUSTRY FIRST

Radiant Industries, Incorporated raised $100 million in a Series C funding round led by DCVC to aid the development of one of the world’s first commercial microreactors.

Nov 14, 2024•10 months ago

Amount Raised

$100 Million

El SegundoEnergy

Investors

Chevron Technology VenturesWashington Harbour Partners LpFelicisUnion Square VenturesA16zDcvc

Description

Radiant Industries, Incorporated announced a $100 million Series C funding round led by DCVC, with participation from various investors. The funding will primarily be used to complete the Kaleidos Development Unit, a crucial step towards bringing factory-constructed microreactors to market.

Company Information

Company

Radiant

Location

1921 E. MAPLE AVENUE

El Segundo, California, United States

About

Radiant is a clean energy startup building a nuclear microreactor. A climate-friendly alternative to diesel generators, Radiant's Kaleidos 1MW microreactor will be the world's first portable, zero-emissions power source that works anywhere. We plan to test our development reactor by 2026 and if successful, it will be the first new commercial reactor design to achieve a fueled test in over 50 years. Our microreactor can bring power to remote parts of the world and provide backup power for life-saving applications in hospitals or disaster-relief scenarios.

Company News

(10 articles)

Sat, 23 Aug 2025 01:58:00 GMT

Wyoming Could Host Nation’s First Kaleidos Microreactor Factory Proposed by Radiant Nuclear - Wyoming News Now

Wed, 02 Jul 2025 07:00:00 GMT

Westinghouse, Radiant to perform first US microreactor tests - World Nuclear News

Thu, 29 May 2025 07:00:00 GMT

Clean Energy Startup Radiant Raises $165 Million to Replace Diesel Generators with Portable Nuclear Reactors - ESG Today

Tue, 21 Jan 2025 08:00:00 GMT

Hill Air Force Base could get small nuclear reactor as soon as 2028 - KSL.com

Thu, 12 Jun 2025 07:00:00 GMT

Radiant Nuclear Is Aiming to Build Microreactors ASAP - Heatmap News

Wed, 06 Aug 2025 07:00:00 GMT

Radiant Signs Agreement Designed to Deliver Nuclear Microreactor to U.S. Military Base in 2028 - Yahoo Finance

Fri, 29 Jul 2022 07:00:00 GMT

Radiant could provide safe, portable nuclear energy within the next 5 years - Interesting Engineering

Tue, 22 Sep 2020 07:00:00 GMT

Former SpaceX Engineers Raise $1.2M and Launch Radiant, - GlobeNewswire

Thu, 24 Apr 2025 07:00:00 GMT

Radiant Nuclear plans factory in Casper Wyoming to produce microreactors - Citizen Portal AI

Wed, 23 Sep 2020 23:48:25 GMT

Radiant - Crunchbase

FundzWatch™ Score

High Activity

6 total signals

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