Founded in 2023, Blue Energy builds modular nuclear power plants in shipyards, reducing construction time by 80%. The company's plant design is reactor agnostic and can quickly deploy affordable, zero-emissions baseload electricity at a price that is competitive with fossil fuels and renewables. Blue Energy stems from MIT's Nuclear Science & Engineering Department and is backed by The Engine Ventures and At One Ventures.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/08/24 | $45,000,000 | Series A |
Angular Ventures At One Ventures Engine Ventures Nucleation Capital Propeller Ventures Starlight Ventures Tamarack Global | undisclosed |