California-based, Deep Fission is a nuclear energy producer company that raised $4 million led by 8VC in a series of funding.
California-Based Deep Fission Raised $4M
Co-founders, Richard and Elizabeth Muller (father-daughter duo) said that the funds help them to accelerate operations, marketing, hiring, and clearing all the legal regulatory approvals. Also, these funds will enable Deep Fission to commercialize the new reactor technology.
Deep Fission is a nuclear energy generator startup that uses an old-style water-pressurized nuclear reactor system to be used in unconventional environments.
Moreover, Deep Fission helps to reduce the cost of nuclear energy generation by leveraging natural conditions. They put the structure at a deep underground location to enhance safety and operational efficiency.
Also, Deep Fission has passed various milestones in nuclear energy generation. They have done all this by using uranium fuel.
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