About USNC
USNC is a company based in Seattle (United States) founded in 2011. USNC has raised $47.4 million across 7 funding rounds from investors including Hyundai Engineering & Construction, European Union and OSTI.GOV. USNC operates in a competitive market with competitors including TerraPower, Newcleo, NuScale Power, X Energy and Westinghouse Electric, among others.
- Total Equity Funding$47.4M (USD)
in 7 rounds
- Latest Funding Round$385.11K (USD), Grant
Aug 2024
- InvestorsHyundai Engineering & Construction
& 2 more
Apps and channels of USNC
its YouTube channel Ultra Safe Nuclear Corporation has 6.32K subscribers and 5 videos.
Videos from USNC
The most watched videos on USNC's YouTube channel, Ultra Safe Nuclear Corporation (6.32K subscribers). Click a video to play it here.
More on Ultra Safe Nuclear Corporation.
Funding Insights of USNC
USNC has successfully raised a total of $47.4M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $385.11 thousand completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $47.4M
- Total Rounds 7
- Last Round Grant — $385,111
- First Round $122,142
(Sep 2017)
- Investors Count 3
All 7 funding rounds of USNC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $385,111 | Grant | – | – | |
| May 2023 | $174,897 | Grant | – | – | |
| Jun 2022 | $199,353 | Grant | – | – | |
| Jan 2022 | $30M | Series B | – | Hyundai Engineering & Construction | – |
| Jun 2021 | $196,202 | Grant | – | – | |
| Feb 2020 | $17.4M | Series A | – | – | – |
| Sep 2017 | $122,142 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in USNC
USNC has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Hyundai Engineering & Construction, European Union and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Scientific and technical information is managed and disseminated by OSTI.GOV. | – | osti.gov | Oak Ridge, United States | |
Construction services are provided in building, civil, and plant sectors. | 1947 | hdec.kr | Seoul, South Korea | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for USNC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of USNC
5 people are tracked at USNC (3 in leadership, 1 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Francesco Venneri | CEO | Leadership |
Jonghwa Chang | Chief Scientist for Micro Reactors | Leadership |
Dominique Hittner | Director, MMR Technology Development | Leadership |
Richard Hollis Helms | Board Member | Board & advisors |
Hari Nagarajan | Mechanical Engineering Manager | Team |
Complete people profiles for USNC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of USNC
3 dated milestones of USNC across 13 years, from founding to its latest funding, stage changes and deals.
- Founded USNC is founded.
- Funding First funding round of $122K.
- Funding Latest funding round, Grant, of $385K.
Competitors of USNC
USNC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TerraPower, Newcleo, NuScale Power, X Energy and Westinghouse Electric, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| terrapower.com | 2006 | Bellevue, United States | $1.46B | 299 | Advanced nuclear reactors are designed for low-carbon energy solutions. | |
| newcleo.com | 2021 | London, United Kingdom | $684.78M | – | Advanced nuclear reactors are designed, built, and operated by Newcleo. | |
| nuscalepower.com | 2007 | Portland, United States | $198.15M | 540 | Micro modular nuclear reactors are developed for scalable power generation. | |
| x-energy.com | 2010 | Greenbelt, United States | $829.68M | 246 | Small modular and high-temperature gas-cooled nuclear reactors are developed. | |
| westinghousenuclear.com | 1886 | United States | – | – | Small modular reactors are developed for nuclear power applications. | |
| radiantnuclear.com | 2019 | Los Angeles, United States | $217.96M | 44 | Designer of microreactor technology for power generation and industrial heat | |
| terrestrialenergy.com | 2013 | Oakville, Canada | $117.64M | – | Small modular reactors are developed for integral molten salt technology. | |
| kairospower.com | 2016 | Alameda, United States | – | 253 | Molten salt reactors are manufactured for nuclear fission applications. | |
| oklo.com | 2013 | Sunnyvale, United States | $120,000 | 2 | Small modular reactors are developed for advanced nuclear energy solutions. |
Detailed competitors of USNC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of USNC
Websites that share an audience with USNC (usnc.com).
Websites whose visitors overlap most with USNC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bwxt.com | 100% | 94.8K | #390,860 | View details |
Latest news on Usnc
Complete news archive for USNC
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to USNC
10 companies that operate in the same segment as USNC (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of energy solutions | 1925 | Juno Beach, Florida, United States | – | USD 26.53 B | 16,800 | |
Fuel and power producer in the nuclear energy sector | 2001 | United States | USD 307.86 M | – | – | |
Clean energy solutions for generation, retail, and heating are provided. | 1998 | Espoo, Finland | – | USD 5.86 B | 4,470 | |
Advanced nuclear reactors are designed for low-carbon energy solutions. | 2006 | Bellevue, Washington, United States | USD 1.46 B | – | 299 | |
Compact tokamak fusion reactors are developed with superconducting magnets. | 2018 | Cambridge, Massachusetts, United States | USD 3.93 B | – | – | |
Advanced nuclear reactors are designed, built, and operated by Newcleo. | 2021 | London, England, United Kingdom | USD 769.93 M | USD 11.38 M | – | |
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation. | 2010 | Redmond, Washington, United States | USD 1.44 B | – | – | |
Energy corporation | 1903 | Newark, New Jersey, United States | – | USD 12.28 B | 13,050 | |
Energy utilities, natural gas, and communications technology are provided. | 1912 | United States | – | USD 29.55 B | 28,600 | |
FRC nuclear fusion reactors are developed using advanced beam technology. | 1998 | Lake Forest, California, United States | USD 1.32 B | – | – |
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Frequently Asked Questions about USNC
USNC was founded in 2011 and raised its 1st funding round 6 years after it was founded.
USNC is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Francesco Venneri is the current CEO of USNC.
USNC is a funded company, having raised a total of $47.4M across 7 funding rounds to date. The company's 1st funding round was a Grant of $122.14K, raised on Sep 2017.
USNC was founded in 2011 and is headquartered in Seattle, United States. Operations focus on the nuclear energy sector, where micro modular reactors are developed and produced. Advanced fuel is also manufactured in-house to support reactor performance. The company serves global markets through its domain usnc.com, with Francesco Venneri serving as CEO. Activities emphasize reliable, small-scale nuclear solutions for energy needs.
USNC's top competitors include TerraPower, Newcleo and X Energy.
USNC has 3 investors. Key investors include Hyundai Engineering & Construction, European Union, and OSTI.GOV.