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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.

PRIVATENov 14, 2024

Amount Raised

$100 Million

Round Type

Series C

El SegundoManufacturingEnergyRenewable Energy

Investors

Andreessen HorowitzUnion Square VenturesFelicisWashington Harbour Partners LpChevron Technology VenturesDcvc

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.

Quick answer

Radiant raised $100 Million in a Series C round, dated November 14, 2024. Investors: Andreessen Horowitz, Union Square Ventures, Felicis, Washington Harbour Partners Lp, Chevron Technology Ventures and Dcvc. Radiant is based in El Segundo, California, United States.

How much did Radiant raise?
Radiant raised $100 Million in a Series C round on November 14, 2024.
Who invested in Radiant?
Andreessen Horowitz, Union Square Ventures, Felicis, Washington Harbour Partners Lp, Chevron Technology Ventures and Dcvc are named as investors in this round.
What does Radiant do?
Radiant is building the world’s first mass-produced portable nuclear microreactors.
Where is Radiant based and how big is it?
Radiant is based in El Segundo, California, United States. Fundz records about 143 employees.
Who are the decision-makers at Radiant?
Fundz holds 2 contacts at Radiant, including the Vice President, Head of Talent. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Radiant that raised within 45 days of this round, from Fundz verified event records.

  • Stratus Material raised $3M (Seed) on December 23, 2024.
  • Mojave Energy Systems raised $9.5M (Series A) on December 18, 2024.
  • Illumion raised $2.7M (Seed) on December 4, 2024.
  • Molyon raised $4.6M (Seed) on November 26, 2024.
  • Silfab Solar raised $100M (Funding Round) on November 21, 2024.
  • Hydrogen Mem-Tech raised an undisclosed amount (Equity Crowdfunding) on November 15, 2024.

Who to call at Radiant, and when

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Company Information

Company

Radiant

Location

1921 E. MAPLE AVENUE

El Segundo, California, United States

About

Radiant is building the world’s first mass-produced portable nuclear microreactors. The company’s first reactor, Kaleidos, is a 1 MW failsafe microreactor that can be transported anywhere power is needed. Founded in 2020, Radiant plans to test its first reactor in 2026, with initial customer deployments beginning in 2028.

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Related People

2 contacts
Verified contactsChad M., Vice President, Head of Talent hidden hiddenSee plans and pricing
Predictive Intelligence
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Radiant 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.