Bluecore Raises $50M for Floating Nuclear Reactors

Bluecore, a startup developing floating nuclear reactors for clean energy, has secured a $50 million seed round just two months after emerging from stealth. This funding supports product development, regulatory certification, and supply chain expansion for portable power solutions.

- Company Background: Bluecore builds small nuclear reactors on floating barges to provide clean energy to ports and infrastructure.
- Funding Details: The $50M round was led by Severton Partners with participation from Harlem Capital, Ripple co-founder Chris Larson, Collab Capital, and Kevin Hart's Heartbeat Ventures.
- Regulatory Progress: The company is undergoing design review with the US Nuclear Regulatory Commission (NRC) and US Coast Guard for certification.
- Strategic Partnerships: Collaborations established with the Department of Transportation Maritime Division and headquarters located at the Port of Long Beach.
- Future Outlook: Funds will address supply chain challenges and meet inbound interest from AI data centers and communities seeking clean water and energy.