Bluecore Energy raises $10M to build portable nuclear reactors on barges

Started by Marlin, Jul 22, 2026, 09:58

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Bluecore Energy secured $10 million in pre-seed funding to develop small modular reactors mounted on floating barges. The company plans to use the capital to test reactor pressure vessels and simulate water cooling systems for maritime power delivery. These units aim to provide electricity to ports and data centers by connecting to the grid via subsea cables.

QuoteMaritime nuclear energy startup Bluecore Energy has raised $10 million in a pre-seed funding round led by Slauson & Co.

Maritime nuclear energy startup Bluecore Energy on Tuesday said it had raised $10 million in a pre-seed funding round that was led by Slauson & Co.

Founded seven months ago by Kofi Asante, who previously worked with Uber Freight, Bluecore is building small nuclear reactors (SMRs) on floating barges with an aim to provide clean power to ports and nearby infrastructure. The reactors heat water and transfer the resulting steam into a generator, which then spins a turbine to generate electricity, Asante explained. The system is water-cooled in a closed-loop.

Read the full article at TechCrunch:
https://techcrunch.com/2026/07/21/this-uber-alumn-just-raised-a-10m-pre-seed-to-build-portable-nuclear-enegry/