Blue Energy Raises $380M

Blue Energy raised $380 million in new financing led by VXI Capital, with support from Engine Ventures and other investors.

The company will use the capital for procurement, development, and general corporate needs as it scales its modular nuclear plant business.

Blue Energy’s model is reactor-agnostic and relies on shipyard-built, prefabricated plants designed to shorten construction timelines.

The funding could help bring lower-cost, zero-emissions baseload power to market faster and improve nuclear’s price competitiveness with fossil fuels.