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Startup Raises $470 Million to Build Tiny Reactors for Military

Bloomberg Technology Monday 27 July 2026, 11:00 UTC By Will Wade 1 min read
Key Points

Startup Raises $470 Million to Build Tiny Reactors for Military California startup Antares Nuclear Inc. raised $470 million to advance plans to build tiny reactors aimed at supplying power to US military bases. Venture capital firms Paradigm and Caffeinated Capital co-lead the financing round, which comprised $370 million in equity and $100 million in debt, Antares said in a statement Monday. The investment is expected to help the company deploy its first systems to US military installations...

Startup Raises $470 Million to Build Tiny Reactors for Military California startup Antares Nuclear Inc. raised $470 million to advance plans to build tiny reactors aimed at supplying power to US military bases. Venture capital firms Paradigm and Caffeinated Capital co-lead the financing round, which comprised $370 million in equity and $100 million in debt, Antares said in a statement Monday. The investment is expected to help the company deploy its first systems to US military installations by 2028.
California (LOCATION) Antares Nuclear Inc. (ORG) US (LOCATION) Caffeinated Capital (ORG) Antares (ORG)
Originally published by Bloomberg Technology Read original →

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