Exclusive: Nuclearn gets $10.5M to help the nuclear industry embrace AI | TechCrunch
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Exclusive: Nuclearn gets $10.5M to help the nuclear industry embrace AI | TechCrunch
"Fox and Jerrold Vincent started Nuclearn to capitalize on that interest. The company says its AI tools are being used in more than 65 nuclear reactors around the world. It recently raised a $10.5 million Series A round led by Blue Bear Capital with participation from AZ-VC, Nucleation Capital, and SJF Ventures. Nuclearn got its start when the founders were working at the Palo Verde Nuclear Generating Station just west of Phoenix."
"They had been experimenting with ways to streamline various repetitive tasks first from a data science perspective then with more advanced AI models. Soon, other reactors took note, Fox said. "Can you help us do the same thing you're doing for Palo Verde but for my plant?" they asked him. That interest coincided with the COVID pandemic. "We both were kind of bored after work," Fox said. "We're like, hey, let's work on a startup.""
"Nuclearn has developed models trained on nuclear industry-specific terminology. The startup can train custom models for utilities and power providers that request it, and while its software runs in the cloud, it can also help reactors set up hardware on site if their security protocols require it. The startup's software can generate routine documentation that reactor employees then review and sign off on."
Companies like Meta, Google, and Microsoft have secured nuclear deals for 24/7 electricity. Power companies are increasingly piloting AI to improve business and operational processes while explicitly maintaining human oversight of reactors. Nuclearn provides AI tools in more than 65 reactors worldwide and raised $10.5 million in Series A funding. The company originated from work at the Palo Verde plant, where founders automated repetitive tasks using data science and AI. Nuclearn trains models on nuclear-specific terminology, offers cloud and on-site deployments to meet security protocols, customizes solutions for utilities, and generates routine documentation for employee review and sign-off.
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