Nucleation Capital

Nucleation Capital is a venture capital firm headquartered in Menlo Park, California, specializing in investments within the advanced nuclear and deep decarbonization sectors. The firm focuses on early-stage opportunities in the United States, Canada, and the United Kingdom, aiming to support innovative solutions that address energy challenges and promote sustainability. By targeting companies that are poised to advance energy technologies and materials, Nucleation Capital plays a critical role in fostering the development of environmentally sustainable practices and resources.

Rodney Adams

Managing Partner

Valerie Gardner JD

Founder and Managing Partner

4 past transactions

Blue Energy

Series A in 2024
Blue Energy is a company specializing in modular nuclear power plants, focusing on the provision of offshore nuclear energy solutions. The company is dedicated to delivering reliable, clean, and abundant electricity, positioning itself as a key player in the transition to sustainable energy sources. By leveraging modular technology, Blue Energy aims to enhance the efficiency and safety of nuclear power generation, addressing the growing global demand for low-carbon energy alternatives.

Aalo Atomics

Series A in 2024
Aalo Atomics is a clean energy company focused on developing and manufacturing small modular nuclear reactors (SMRs). These reactors are designed to be compact enough to fit in a garage yet powerful enough to supply electricity to various applications, from data centers to entire cities. The company aims to produce clean, affordable energy by commercializing high-technological readiness nuclear fission reactors, thereby reducing power consumption and promoting safety.

Blykalla

Series A in 2024
Blykalla is a Swedish company focused on the development and production of advanced small modular reactors (SMRs) for reliable and safe energy generation. With over 25 years of research backing their innovative design, Blykalla aims to provide essential baseload energy that supports a transition to a fossil-free future. The company specializes in lead-cooled reactors, which utilize enriched uranium oxide fuels and are designed to achieve criticality across a spectrum of operational scenarios. By enabling clients to develop, license, and operate these small lead-cooled reactors, Blykalla plays a critical role in advancing sustainable energy solutions.

Nuclearn

Seed Round in 2023
Nuclearn, established in 2020, is a software company specializing in AI solutions for the nuclear industry. Co-founded by Jerrold Vincent and Bradley Fox, both veterans in nuclear engineering and business intelligence, Nuclearn aims to automate critical tasks in the nuclear sector. Their platform, designed for on-premise or cloud use, ensures data safety and compliance with export regulations. It automates tasks such as condition report coding, screening, trend detection, and safety documentation with high accuracy, enabling businesses to safely and efficiently automate critical processes.
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