GoKawiilFluxnium raises $7M to extract uranium from seawater for nuclear fuel
Fluxnium, a stealth clean-tech startup led by repeat founder Jeff Green, says it has developed technology to economically extract uranium from ocean water, potentially rivaling traditional uranium mines in cost. The company closed a $7 million seed round led by Congruent Ventures, with backing from Active Impact Investments and Constellation Energy, and builds on extraction methods originally developed at U.S. Department of Energy national labs.