A New Kind of Nuclear Funding
In a notable vote of confidence for next-gen nuclear, Nano Nuclear Energy – a young company developing portable micro-reactors – announced it has secured $105 million in a private placement from institutional investors. This May 2025 deal, which will boost Nano’s cash reserves above $200 million, is striking not just for its size but for who is investing. Unlike traditional nuclear projects backed by utilities or government grants, Nano’s raise was led by a “leading long-only mutual fund” and a “prominent global investment manager,” implying major mainstream investors are buying in. Their interest reflects growing optimism that micro-reactors – ultra-small nuclear fission units – could soon become commercially viable for niches like defense,