Nuclear Startup Radiant Raises $300 Million for Small Reactors
Summarize this article with:
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Radiant Industries Inc., a California-based startup, raised more than $300 million to commercialize its small reactor design as surging demand for electricity drives up interest in nuclear energy. The Series D funding round was led by Draper Associates and Boost VC, according to a statement Wednesday, and values the company at more than $1.8 billion.