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Shenzhen Superconduct Technologies Co., Ltd. Completes Angel Round Financing

According to Qichacha information, on September 18, 2026, second-generation high-temperature superconducting material R&D and manufacturer Shenzhen Superconduct Technologies Co., Ltd. (hereinafter referred to as Superconduct) completed an angel round of financing, with the investor being Shenzhen Yijun Technology Co., Ltd. The financing amount has not yet been disclosed. Superconduct was established in September 2022 and is a high-tech enterprise focusing on the R&D and preparation of second-generation high-temperature superconducting YBCO (yttrium barium copper oxide) tapes. The company's technical team is led by an academician and was the first globally to master double-sided YBCO thin-film tape preparation technology. It is the only enterprise in the Guangdong-Hong Kong-Macao Greater Bay Area engaged in the industrialization of high-performance second-generation high-temperature superconducting YBCO tapes. High-temperature superconducting tapes are regarded as a controllable...

2026-09-20

IAEA Hosts Nuclear Energy Financing Capacity-Building Workshop

The International Atomic Energy Agency (IAEA) recently held a capacity-building workshop on nuclear energy for international financial institutions at its headquarters in Vienna, Austria, attended by approximately 50 senior experts from the Asian Development Bank (ADB), the World Bank Group (WBG), the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development, the Asian Infrastructure Investment Bank (AIIB), and the African Development Bank (AfDB). Approximately 50 senior experts from the Asian Development Bank, the World Bank Group, the European Bank for Reconstruction and Development, the OPEC Fund, the Asian Infrastructure Investment Bank, and the African Development Bank attended the IAEA's nuclear energy capacity-building workshop for international financial institutions. (Photo: J. Fri...

2026-09-09

U.S. Bluecore Energy Raises $50 Million to Advance Floating Small Modular Reactors

On September 8, 2026, U.S.-based Bluecore Energy announced the completion of a $50 million seed financing round to accelerate the development, testing, and deployment of its floating nuclear energy systems. Bluecore Energy is developing small modular water-cooled reactors that can operate on floating barges, with target applications including ports, utilities, data centers, offshore infrastructure, and communities facing energy shortages. The round was led by Silverton Partners, with existing investor Slauson & Co continuing its participation, alongside Harlem Capital, Precursor Ventures, LMNT, Visible Hands VC, Karman Ventures, and others. Bluecore ...

2026-09-09

IAEA 70th General Conference to Host Technical Cooperation Side Events Focusing on Radiotherapy Financing and African Nuclear Workforce Development

The 70th Regular Session of the International Atomic Energy Agency General Conference will be held from September 14 to 18, 2026, at the Vienna International Centre in Austria. During the session, delegates and technical experts from various countries will discuss the Agency's ongoing work and topics related to nuclear science and technology. The 70th Regular Session of the IAEA General Conference will take place from September 14 to 18, 2026, at the Vienna International Centre. (IAEA) As part of the arrangements related to the General Conference, the IAEA Department of Technical Cooperation will host two side events during the conference week, highlighting its technical cooperation support to Member States. One event will focus on financing for the expansion of radiotherapy services, while the other will...

2026-09-03

Japan's Kyoto Fusioneering Secures Series D Funding Led by Korea-Japan Fusion Fund

IMM Investment Japan (IMMJ) announced on September 1 that it has led the Series D funding round for Kyoto Fusioneering, a Japanese fusion energy company. The investment was made through the Korea-Japan Fusion Fund, established jointly by Korean and Japanese investors. The fund, initiated by IMMJ, is positioned as a cross-border project fund designed to connect the capital and industrial networks of major Korean corporations with Japan's cutting-edge technology companies. Investors participating in the fund include POSCO Holdings, POSCO International, Doosan, Hyundai Motor, and GS...

2026-09-01

Nova Fusion Completes RMB 1.2 Billion Pre-A Series Financing

Nova Fusion Energy Technology (Shanghai) Co., Ltd. recently announced the completion of its Pre-A series financing totaling RMB 1.2 billion, comprising both the Pre-A round and Pre-A+ round. The company stated that within 16 months since its establishment, it has completed a RMB 500 million angel round, a RMB 700 million angel+ round, and this round of financing, bringing cumulative fundraising to RMB 2.4 billion with a post-investment valuation exceeding RMB 10 billion. In this round, Meituan Longzhu and Hillhouse Ventures continued their participation, while Lenovo Capital and Guozhong Capital joined as new strategic investors. The company stated that the funds from this round will primarily be used for new device construction, key technology iteration, industrial base preparation, and subsequent fusion energy output verification efforts. Nova Fusion focuses on field-reversed configuration (FRC) small...

2026-08-31

Multiple African countries push nuclear power projects from planning to financing and construction

According to the nuclear energy special report in the recently released "Nuclear Industry Insights, Fourth Quarter 2026," more than a dozen African countries are attempting to advance nuclear power from policy concepts to financeable, constructible project stages. The report notes that rising demand for reliable, low-carbon baseload power is an important backdrop for nuclear energy's return to Africa's energy strategy discussions. Currently, two of Africa's more advanced nuclear projects have reached new milestones. The reactor pressure vessel for Unit 2 of Egypt's El Dabaa Nuclear Power Plant was installed on July 9, 2026. Previously, Unit 1 completed a similar installation in November 2025. El Dabaa is Egypt's first nuclear power plant, planned with 4 units and a total installed capacity of 4...

2026-08-28

Canada's Nuclear Energy Strategy Focuses on Project Financing and Risk Sharing

The Canadian federal government recently unveiled a new nuclear energy strategy, explicitly committing to advancing new nuclear power projects nationwide, strengthening domestic supply chains, expanding uranium resources and nuclear fuel supply, and continuing to support nuclear technology innovation in fission and fusion. The strategy also states that nuclear deployment requires more modern financing tools, more efficient regulatory processes, and closer collaboration among governments, Indigenous communities, and industry. The goal of this strategy is to serve Canada's economic, social, and climate objectives through nuclear energy projects, enhancing national energy security while creating jobs and fostering innovation. As the strategic direction becomes clearer, how to translate policy goals into projects that are financeable and ready for construction has become the key question for the next phase.

2026-08-27

OECD Nuclear Energy Agency and the United States to Co-Host "New Nuclear Roadmap 2026" Conference

The OECD Nuclear Energy Agency (NEA) and the United States will co-host the New Nuclear Roadmap 2026 conference on September 17-18, 2026, in Paris, France. The conference will bring together ministers, senior government representatives, industry leaders, investors, experts, and relevant stakeholders to discuss the policy, industrial, and financial conditions required for the large-scale deployment of new nuclear capacity. U.S. Secretary of Energy Chris Wright stated that the world needs more energy and that nuclear energy will play an important role in addressing this demand. The U.S. Department of Energy will co-host the conference with partners to advance nuclear innovation, strengthen international cooperation, and continue to promote global nuclear energy development...

2026-08-20

Maistop Completes Pre-A Round Financing to Advance Medical Radionuclide Industrialization via Electron Accelerator Method

August 12 news, Xi'an Maistop Technology Co., Ltd. recently completed its Pre-A round of financing, with investors including the Central Enterprise Strategic Emerging Fund and Guoxin Venture Capital Fund, both under China Reform Holdings Corporation. The proceeds from this round will primarily be used for site construction, equipment procurement, technology R&D, and daily operations. Founded in 2019, Maistop is a technology enterprise engaged in the R&D and production of medical radionuclides as well as nuclear medicine technical services. The company focuses on the preparation of medical radionuclides via the electron accelerator photonuclear reaction method, with core products including Actinium-225, Lead-212, Copper-67, and Molybdenum-99. Among these, Actinium-225 is a scarce radionuclide of significant interest in alpha-emitting nuclide targeted therapy, with relatively strong global clinical demand...

2026-08-13

UK Sizewell C Nuclear Power Station Financing Finalized, Project Worth Over £26 Billion to Supply Power for 60 Years

The Sizewell C nuclear power station project in the UK has completed its final financing arrangements, marking the official entry into the definitive construction phase of this large-scale nuclear project with a total investment target of approximately £38 billion, equivalent to around RMB 261 billion. Located on the Suffolk coast of England, the project will feature two EPR Generation III pressurised water reactor units, with a total installed capacity of approximately 3.2 gigawatts and a design operational lifespan expected to reach 60 years. This project holds significant importance for the UK's energy system. In recent years, the UK has faced the dual pressures of accelerating the phase-out of ageing fossil fuel infrastructure on one hand, and managing the variability of renewable energy and growing electricity demand on the other. Once completed, Sizewell C will provide long...

2026-08-10

StarRing Fusion Completes RMB 880 Million Series A++ Financing to Advance Fusion Device and Key Technology Engineering

StarRing Fusion recently announced the completion of a new Series A++ financing round, raising RMB 880 million. This round was jointly invested by Shenzhen Capital Group, Shendan Venture Capital, ABC Capital, BOCOM Investment, GGV Capital, Yongxin Ark, Keke Capital, Advantage Capital, and other institutions, with existing shareholder Shanghai Science and Technology Innovation Group's intellectual property fund and other institutions continuing to follow on. The company stated that the proceeds from this round, together with the previous Series A and A+ financing, will be used for the construction of the Shanghai Jiading experimental base, the construction and operation of the NTST negative-triangularity spherical tokamak, the design and construction of the CTRFR-1 "StarRing One," and the continued engineering advancement of key technologies including fusion-grade high-temperature superconducting magnets and AI-based plasma control...

2026-08-08

South Korea's Woori Technology Completes KRW 40 Billion Convertible Bond Financing to Bolster Nuclear Power and SMR Businesses

Woori Technology, a South Korean company specializing in nuclear power plant Man-Machine Interface Systems (MMIS) and related instrumentation and control equipment, announced on August 6 that it has decided to issue the 20th series of unregistered, unsecured private convertible bonds (CBs) totaling KRW 40 billion. The raised funds will be primarily used for nuclear power, small modular reactor (SMR), offshore wind power, and resource recycling businesses. The maturity date of these convertible bonds is August 13, 2031, with a conversion price of KRW 10,717 per share. Both the coupon rate and yield to maturity are 0%, which helps the company secure long-term funding for core business investments while controlling financial costs. Woori Technology stated that the raised funds...

2026-08-06

Valar Atomics Completes $1 Billion Equity Financing, Sequoia Capital Partner Joins Board

Nuclear energy startup Valar Atomics confirmed on August 3 that it has completed a $1 billion equity financing round led by Sequoia Capital. Company founder and CEO Isaiah Taylor stated that Sequoia Capital partner Shaun Maguire has joined the company's board of directors. In addition to the equity financing, Valar Atomics also secured a $200 million credit facility from Erebor and other banks. Valar Atomics did not disclose its post-financing valuation. Reports indicate the company is valued at approximately $6 billion. Valar Atomics primarily...

2026-08-04

BlueStar Fusion Completes "Angel+" Round Financing, High-Temperature Superconducting Stellarator Project Moves to Engineering Implementation Phase

Recently, Hefei BlueStar Fusion Technology Co., Ltd. (BlueStar Fusion, hereinafter referred to as "BlueStar Fusion") completed an Angel+ round of financing on the scale of several hundred million RMB, with a post-investment valuation exceeding 3 billion RMB. Following the completion of this financing round, the company will continue to advance the verification of key components, engineering manufacturing, and full-system integration of the high-temperature superconducting stellarator, with the goal of initiating the construction of the Phase I high-temperature superconducting stellarator system by 2027. BlueStar Fusion was established in August 2025 and is primarily engaged in the R&D and engineering of high-temperature superconducting stellarator technology. The company has assembled a professional team of nearly 100 members, covering fusion physics, superconducting magnets, structures and precision manufacturing, cryogenic engineering, artificial intelligence, and other disciplines. Ex...

2026-08-04