Nucleation Capital invests in the advanced nuclear and deep decarbonization sectors—aimed primarily at technologies which enable the energy transition and reductions in CO2 emissions on the pathway to climate restoration at scale. We bring both focus and expertise to these two key emerging areas and work to build cost-effective and diversified portfolios for our LPs in what we believe is the future of energy and carbon management.

The world—starting with hyperscalers—is finally catching up with how critical nuclear power is to meeting our global decarbonization challenge, especially as demand for energy grows. Advanced nuclear offers a range of scalable carbon-free solutions to virtually all power needs for grid, DERs, mobile and industrial heat applications, including for data centers, CO2 capture, and synthetic liquid fuel production. Successful ventures will capture significant portions of the multi-trillion dollar global energy market currently commanded by fossil fuels.

Nucleation Capital, considered the leading venture fund in the advanced nuclear space, is the only nuclear native venture fund bringing decades of engagement and deep industry expertise and focus to our investments in this sector. We are not generalist investors covering lots of sectors like most other funds; rather we only invest in nuclear and related technologies and are well known within the industry. Which is why most all new ventures reach out to us, giving us unique deal flow. Being respected and able to understand the key critical technical aspects that matter also gives us a competitive advantage in deal selection and decision-making. We also bring the world's first pronuclear investor network to bear in support of portfolio fundraising. To join our investor network, please sign up below to receive confidential invitations to our SPV deals.

Nucleation Capital believes that every investor, from accredited individuals on up to large institutions, should begin building their investment exposure to this emerging clean energy asset class, which is not easily accessed through the public markets or any other vehicle. Thus, we offer several pathways to do that: 1. The Nucleation Syndicate provides occasional co-investment opportunities starting at $1K per deal; 2. Nucleation Fund I, a low-cost rolling fund accepting new subscribers each quarter starting as low as $5k per quarter, ideal for investors or investment managers seeking to allocate $6 million or less over three years; and 3. Nucleation Fund II, a traditionally-structured venture fund with a $5 million minimum designed to meet the needs of larger institutional investors and family offices seeking to invest much more than $6 million over a three year period.

We'd be honored to invest on your behalf at whatever level works for your portfolio. Please reach out if you have questions.

Valerie Gardner + Rod Adams
NucleationCapital.com

[Please note: Nucleation Capital is the new name for KIT Ventures and are one and the same, not distinct entities.]

Rod Adams, founder of Adams Atomic Engines back in 1993 (possibly the first advanced nuclear startup ever), and Valerie Gardner have deep connections within leading nuclear entities and organizations—ANS, NEI, NIA, NEA, IAEA, US NIC, DOE, INL, ORNL, GAIN, ARPAe, DARPA, NRC, INPO, NNSA, etc.—as well as at universities, accelerators, incubators, private ventures, other nuclear non-profits that deal with nuclear energy, nuclear policy and nuclear regulation and a growing number of venture firms that are starting to invest in advanced nuclear. As a result, much of the team's deal flow is inbound.

Nucleation's past SPV (floats*) investments include:

Oklo - Series A : Q4-21
Deep Isolation - Series A : Q4-22
Ultra Safe Nuclear - Series B : Q4-22
Focused Energy - Series A+ : Q2-23
Copenhagen Atomics - Series B : Q3-23
Planetary Technologies - Series A : Q1-24
Twelve - Series C : Q4-24
Blue Energy - Series A+ : Q3-25
Deeo Isolation - APO : Q3-25
Blykalla - Series A+ : Q4-25
SHINE Technologies - Convert. Note : Q4-25
Radiant Nuclear - Series D : Q1-26

* SPVs that were created but were cancelled rather than closed for various reasons.