NuScale Power logo — Power for all humankind

NuScale Power

Power for all humankind

Founded 2007 United States Corvallis, United States 415 employees Post-IPO Equity Total: $469.65M Analytics, Energy

General Information

Company Name NuScale Power
Founded Year 2007
Location United States Corvallis, United States
Founders / Decision Makers
Team member
Employees 415
Industries Analytics, Energy
Funding Stage Post-IPO Equity
Social

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About NuScale Power

NuScale Power is a groundbreaking startup based in the United States, founded in 2007, with a mission to revolutionize nuclear power. The company's innovative approach to nuclear energy is reflected in its slogan, "Power for all humankind." NuScale's key innovation is the design of a smaller, smarter, and more cost-competitive nuclear power plant, featuring the NuScale Power Module™ (NPM), a small modular reactor (SMR) that can produce 77 megawatts of electricity (MWe). Notably, a single NuScale plant can house up to 12 NPMs for a total of 924 MWe (gross), offering scalability to match demand and project economics, positioning the company at the forefront of the Energy industry. What sets NuScale apart is its unwavering commitment to safety, with the industry-renowned Triple Crown for Nuclear Plant Safety™ design, ensuring unparalleled safety measures. The company's paradigm shift in safety features signifies a significant advancement in the nuclear power sector, wherein each NPM is equipped to safely shut down and self-cool indefinitely on the loss of all electricity to the power station without the need for operator or computer action, AC or DC power, or additional water. This innovative safety approach marks a pioneering achievement in commercial nuclear power. NuScale Power recently garnered substantial investor interest, securing a significant $235.00MPost-IPO Equity investment on 03 May 2022, with notable investors including DS Private Equity, Segra Capital, Spring Valley Acquisition, Samsung C&T Corporation, Nucor Corporation, and Sailingstone Capital Partners. For more information on NuScale's groundbreaking work and its mission to improve the quality of life for all, visit www.nuscalepower.com.

Business keywords: nuclear power, nuclear energy, clean energy, sustainable energy, energy technology, modular reactors, safety design, scalable power solutions, power plant technology, energy innovation

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $235.00M 6
DS Private Equity, Segra Capital +4
03 May 2022
Corporate Round $152.00M 4
Sargent & Lundy, GS Energy +2
03 Aug 2021
Venture Round $40.00M -
05 Apr 2021
Grant $40.00M -
27 Apr 2018
Venture Round $2.65M -
31 Mar 2008

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FAQ About NuScale Power

Power for all humankind
NuScale Power was founded in 2007.
NuScale Power is headquartered in Corvallis, United States.
NuScale Power operates in Analytics and Energy. Its work centres on nuclear power, nuclear energy, clean energy and sustainable energy.
NuScale Power has approximately 415 employees.
NuScale Power has completed 5 funding rounds, raising a total of $469.65M. The latest funding stage is Post-IPO Equity.
Top alternatives and competitors to NuScale Power include Anchor Power Solutions | Yes Energy, Otherlab, Enact Solar, Opus One Solutions from GE Digital, Nhu Energy, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NuScale Power and Anchor Power Solutions | Yes Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NuScale Power, https://bouncewatch.com/company/nuscale-power, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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