This Startup Just Raised $10 Million to Help Nuclear Power Plants Level Up Their Tech
Nuclearn’s AI technology is designed to allow the workers at nuclear plants to streamline operations.
BY CHLOE AIELLO, REPORTER @CHLOBO_ILO
Photos: Getty Images
A startup that leverages AI to streamline nuclear reactor operations just got a major cash infusion.
Phoenix, Arizona-based Nuclearn announced a $10.5 million series A round of funding, bringing the startup’s total capital raised to date to about $13 million. The round was led by Blue Bear Capital with participation from SJF Ventures and existing investors AZ-VC and Nucleation Capital.
Nuclearn plans to use the funding to grow into markets beyond the U.S. and Canada, as well as to expand its engineering team, invest in hardware, and grow the tech capabilities of its platform.
Nuclearn builds an AI platform specifically for nuclear plants. The AI is meant to cut down on the complexity involved with running a plant to free up worker time for other tasks. The company reports that its solutions can reduce time spent on various regulatory........
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