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RADIANT NUCLEAR
Radiant Nuclear
Nuclear power (small modular reactors) · United States · Founded · 2020 · ≈ · 100 · employees

Radiant Nuclear — Valuation, Funding & Investors

Private

Radiant Nuclear is a private company building in nuclear power (small modular reactors), founded in 2020. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Radiant Nuclear at a glance
Last valuation
Raised across rounds
$506.2M
4 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
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Radiant Nuclear
Valuation history

Radiant Nuclear valuation history

1 valuation. The latest, $1.8B, was set by the Series D (extended) in Dec 2025.

Latest valuation
Set by the Series D (extended) · 17 Dec 2025
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Series D (extended) · $300M raised
Funding history

Radiant Nuclear funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Angel
Jan 2020
$1.2M
—
—
—
Funding round
Jan 2023
$40M
—
Andreessen Horowitz
—
Series C
Jun 2025
$165M
—
DCVC
—
Series D (extended)
Dec 2025
$300M
$1.8B
unnamed investors
—
Radiant Nuclear · investors

Investors

Uunnamed investorsLEADDCVCLEADAndreessen HorowitzLEAD
Will Radiant Nuclear IPO?
Founded
2020
Jan 2020
Angel
Dec 2025
Series D (extended) · $1.8B
IPO
Not announced
No filing has been made.
Radiant Nuclear — the private market
Total raised$506.2M
Lead investors
unnamed investorsDCVCAndreessen Horowitz
IPO statusNot announced
Founded · HQ2020 · United States
Employees≈ 100
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Radiant Nuclear

Radiant Industries, known as Radiant Nuclear, is an American nuclear energy company based in El Segundo, California. Former SpaceX engineer Doug Bernauer founded the company in 2020 after finding no manufacturers of small nuclear reactors for space use, and it now designs Kaleidos, a 1 MW portable microreactor built to fit inside a single shipping container and replace diesel generators at hospitals, remote sites and military bases.

The US Department of Energy selected Radiant to demonstrate Kaleidos at Idaho National Laboratory, the US Air Force is deploying its reactors at Buckley Space Force Base, and in 2026 the US Army awarded the company $750 million to build 15 Kaleidos units at Fort Benning.

The money screen · ranked by accessibility

How to get Radiant Nuclear exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Radiant Nuclear.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Radiant Nuclear availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Radiant Nuclear included.

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Radiant Nuclear stock — frequently asked questions

How can I get exposure to Radiant Nuclear?›

The routes section explains what is realistically available for a company at this stage.

Is Radiant Nuclear publicly traded?›

No. Radiant Nuclear is a private company; its shares do not trade on a public exchange.

Who has invested in Radiant Nuclear?›

Lead investors for each round are in the funding timeline.

Who are Radiant Nuclear's competitors?›

The closest nuclear power (small modular reactors) peers are on the competitors page.

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