Nuclear startup Bluecore Energy raises $50M seed round, just two months after launch

Bluecore Energy announced Tuesday an oversubscribed $50 million seed round — just months after raising a $10 million pre-seed and coming out of stealth.

As TechCrunch previously reported, the company, founded earlier this year by Kofi Asante, builds small nuclear reactors (SMRs) on floating barges, rather than fixed locations, to generate clean energy for ports and nearby infrastructure. This means that energy can be transported to wherever it is needed, an idea Asante hopes can bring clean power to those who need it most.