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Bluecore Energy raises $50 million in a seed round to engineer, test and license its first floating nuclear system, seven weeks after launching with $10 million. Its compact water-cooled reactor is designed to deliver about 10 megawatts continuously, with ports, coastal infrastructure and AI data centers as target customers. The company has secured a barge, begun regulatory engagement with the NRC and Coast Guard, and is prototyping monitoring and control systems at the Port of Long Beach.
Bluecore Energy raises $10 million in a pre-seed round led by Slauson & Co. to develop small modular nuclear reactors on floating barges for ports and nearby infrastructure. Founded by former Uber Freight employee Kofi Asante, the startup says its systems could power about 15,000 homes or meet a major port’s needs. Bluecore plans to use the funding to deploy its product and has secured a port terminal, barge, and test reactor pressure vessel.
Jul 2026 · TechCrunchNews article
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