Bluecore Energy closes $50M seed round for floating small nuclear reactors
Bluecore Energy, founded by Kofi Asante and based at the Port of Long Beach, has raised an oversubscribed $50 million seed round just two months after emerging from stealth. The startup builds small modular nuclear reactors mounted on barges that can be moved to ports and nearby infrastructure to deliver clean power quickly without new fixed installations. Silverton Partners led the round, with backing from earlier investors like Slauson & Co., Harlem Capital and Chris Larsen, plus new participants including Collab Capital and HartBeat Ventures.
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The rapid, oversubscribed raise signals strong investor appetite for mobile nuclear power as a faster alternative to building permanent energy infrastructure, especially for ports and remote sites. Bluecore's regulatory engagement with the NRC and Coast Guard will be a key test of whether floating SMRs can gain approval and trust following decades of Navy precedent. Success here could open a new category of deployable clean energy that bypasses lengthy grid buildouts.
- Bluecore Energy raised $50M seed just two months after leaving stealth.
- Its floating small modular reactors aim to bring power directly to ports and infrastructure.
- The company is undergoing review with the NRC and U.S. Coast Guard.
The Making of the Atomic Bomb" by Richard Rhodes — If Bluecore's floating small modular reactors have you curious about the science and history behind nuclear power, Rhodes' Pulitzer-winning account is the definitive deep dive. It traces the physics, the personalities, and the engineering leaps that made nuclear energy possible — great context for today's SMR boom.
See The Making of the Atomic Bomb" by Richard Rhodes on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: techcrunch.com — Dominic-Madori Davis, 2026-09-08
Published there as: “Nuclear startup Bluecore Energy raises $50M seed round, just two months after launch”
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