Antares Nuclear (Series C)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
July 27, 2026
Vertical
Nuclear Power
Funding Amount
$470,000,000
Company Info
Traction
Antares has raised a total of $604 million, including a $96 million Series B in December 2025. The company is one of three finalists in the Pentagon’s Advanced Nuclear Power for Installations program.
Organizations Involved
U.S. Military
Market
U.S. Military
Location
United States
Coinvestors
Paradigm, Caffeinated Capital, Industrious Ventures, Point72 Ventures, Shine Capital
Company Description

Antares Nuclear is developing small modular reactors (SMRs) capable of producing between 100 kilowatts and 1 megawatt of electricity, enough to power up to 750 homes. The reactors use TRISO fuel, which is a safer alternative to traditional nuclear fuel, and aims to bring its first electricity-producing reactor online next year.

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