StarCore Nuclear
Latest round
- Seed
Last raised
- May 2025
Total raised
- $15M
Investors
- 1
About StarCore Nuclear
StarCore Nuclear specializes in the development of Small Modular Reactors (SMRs) that utilize High Temperature Gas-Cooled Reactor (HTGR) technology. The company was founded in Toronto, Canada, in 2008.StarCore Nuclear focuses on developing Small Modular Reactors (SMRs) utilizing High Temperature Gas-Cooled Reactor (HTGR) technology, targeting energy production in remote and off-grid locations. These reactors are engineered to be inherently safe, with features that prevent fuel melting under extreme heat conditions, thereby ensuring operational reliability. The primary application of StarCore's technology is to provide safe, affordable, and carbon-free electricity, as well as fresh water and high-speed internet, to communities that face unreliable power access and infrastructure challenges. StarCore’s products are designed for deployment in various geographical markets, including remote communities in Canada, Australia, and regions of developing economies that rely on sustainable energy solutions.StarCore Nuclear’s revenue model is primarily based on partnerships and collaborations with governmental and local agencies, as well as private sector entities involved in energy and infrastructure development. Transactions typically occur through structured agreements for the construction and deployment of their SMRs, where clients—such as Ontario Power Generation—contract StarCore to supply energy solutions tailored to specific community needs. While exact pricing plans are not disclosed, the company's transactions involve long-term contracts or service agreements that provide for the delivery of energy over extended periods, ensuring stable cash flow.StarCore Nuclear has plans to enhance its product offerings with the design and launch of new SMR models, targeting specific release dates in the near future. The company aims to expand its market presence in Canada, Australia, and various developing economies by 2026.00 mn will support these initiatives, allowing for R&D and market entry strategies to bring innovative energy solutions to underserved areas.
Who invested in StarCore Nuclear
1 investor across 1 round
See all investors in StarCore Nuclear
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
May 8, 2025
Amount
$15M
Investors
Questions about StarCore Nuclear
Who invested in StarCore Nuclear?
StarCore Nuclear has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has StarCore Nuclear raised?
StarCore Nuclear has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did StarCore Nuclear last raise money?
StarCore Nuclear's most recent round on record is a Seed, in May 2025.
What does StarCore Nuclear do?
StarCore Nuclear specializes in the development of Small Modular Reactors (SMRs) that utilize High Temperature Gas-Cooled Reactor (HTGR) technology.
Where is StarCore Nuclear headquartered?
StarCore Nuclear is headquartered in Toronto, Canada.
Which VCs invest in companies like StarCore Nuclear?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at StarCore Nuclear's stage. Their profiles are linked below.
VCs backing power & utilities startups at Seed
Raising like StarCore Nuclear? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.