Standard Nuclear emerges from the ashes of a failed startup
Standard Nuclear emerged from stealth Wednesday with $42 million in funding to make advanced nuclear fuel.
Except Standard Nuclear isn't an entirely new company. Rather, it's built on assets purchased at auction following the bankruptcy of the Ultra Safe Nuclear Corporation (USNC) for $28
Proxima Fusion joins the club of well-funded nuclear contenders with ?130M Series A
Commercial nuclear fusion power isn't a reality yet. But venture capital is flowing into startups that promise that clean, safe, and virtually limitless energy is no longer just a distant dream.
Most fusion companies that have raised over $100 million are based in the United States. Not Proxim
Bedrock Ocean dredges up $25M to map the seafloor with robots
Oceans may cover more than 70% of the Earth's surface, but we have better maps of the moon than we do the seabed. There are good reasons for that: The ocean floor is obscured, and the harsh environment makes it hard to send humans down to get a closer look. But as robots improve, we may finally
Mitra Chem is raising $50M for its cheaper, domestic battery materials
Battery material startup Mitra Chem has raised $15.6 million of a planned $50 million funding round, according to a regulatory filing seen by TechCrunch.
Mitra Chem is developing materials to make lithium-iron-phosphate (LFP) batteries store more energy. Automakers have begun to turn to LFP in an
Clean energy investment hits new highs and shows no sign of slowing
The world is set to invest nearly twice as much in clean energy as fossil fuels this year, according to a new International Energy Agency report.
While fossil fuel outlays are still significant — about $1.15 trillion this year — they'll be dwarfed by clean energy, which is expected to
Google places another fusion power bet on TAE Technologies
Nobody said that commercializing fusion power would be cheap or quick.
TAE Technologies said this week it raised another $150 million in a funding round that included investments from existing backers Google, Chevron, and New Enterprise associates.
By the nearly 30-year-old
Meta buys a nuclear power plant (more or less)
Meta announced Tuesday morning that it was paying billions of dollars to keep an Illinois nuclear power plant running through 2047. The social media company will buy all the “clean energy attributes” of Constellation Energy's Clinton Clean Energy Center, a 1.1 gigawatt nuclear power plant i
Trump administration to claw back $3.7B in clean energy and manufacturing awards
The Department of Energy announced today that it would be clawing back $3.7 billion worth of awards made under the Biden administration for clean energy and manufacturing. Large corporations and growing startups were caught up in the decision.
Energy secretary Chris Wright said the moves were “d
Tesla pleads for Senate to spare its booming energy business
Tesla is a business built, in part, on government regulations and incentives, from a Department of Energy loan guarantee in 2009 to the regulatory credits it sells to other automakers, which have driven a third of its $32 billion in profits since 2012.
Now, the company's energy business —&
Atomic Canyon wants to be ChatGPT for the nuclear industry
Tech companies are betting heavily that nuclear power can help deliver the electricity they need to realize their AI plans. But data centers need power tomorrow, and the nuclear industry isn't known for its speed.
Trey Lauderdale thinks AI can give nuclear the speed that it needs.
Rocket Lab backer Outset raises $25M to fund New Zealand’s deep tech moonshots
New Zealand's deep tech ambitions just got a $25 million boost.
Outset Ventures, the Auckland-based venture firm and incubator that spun out unicorns like Rocket Lab and LanzaTech, has closed its second fund at an oversubscribed $41.5 million NZD.
The fund's missio
Trump administration may sell deep-sea mining leases at startup's urging
The U.S. Department of the Interior said Tuesday that it's beginning the process of selling deep-sea mining leases after a request from startup Impossible Metals (previously Impossible Mining).
The agency said the process would “evaluate a potential mineral lease sale in the waters offshore
Laser-powered fusion experiment more than doubles its power output
The world's only net-positive fusion experiment has been steadily ramping up the amount of power it produces, technewss has learned.
In recent attempts, the team at the U.S. Department of Energy's National Ignition Facility (NIF) increased the yield of the experiment, first to 5.2 megajou
Fieldstone Bio is building microbes that can sense everything from TNT to arsenic
The world is awash in data about, well, the world — thanks to satellites and environmental sensors. But there's still a lot we can't see, and Fieldstone Bio thinks microbes can change that.
“They've evolved to sense and respond to information. It's just trillions of calculation