Standard Nuclear Raises $140M As Nuclear Power Enters Its Gold Rush Era

Standard Nuclear Raises $140M As Nuclear Power Enters Its Gold Rush Era

Standard Nuclear Raises $140M for Next-Gen Fuel as AI Energy Crunch Accelerates Nuclear Renaissance Standard Nuclear has secured $140 million in Series A funding to manufacture advanced TRISO nuclear fuel, positioning itself as a critical supplier in the booming small modular reactor market. The investment arrives as artificial intelligence data centers strain global power grids, driving unprecedented demand for carbon-free baseload electricity. Unlike reactor developers chasing billion-dollar builds, Standard Nuclear represents the "picks and shovels" play in nuclear's modern gold rush—providing the essential fuel that will power next-generation reactors coming online by 2027. Credit: Standard Nuclear The funding round, led by Decisive Point with participation from Andreessen Horowitz, Chevron Technology Ventures, and other strategic investors, closed in two $70 million tranches after the company hit development milestones ahead of schedule. This momentum followed executiv…