Tech Company Financing Transactions
Transmutex Funding Round
Transmutex closed a $23.3 million Series A venture capital round on 1/29/2024. Backers included Steel Atlas, Union Square Ventures and AlleyCorp.
Transaction Overview
Company Name
Announced On
1/29/2024
Transaction Type
Venture Equity
Amount
$23,325,000
Round
Series A
Investors
Steel Atlas (Lead Investor)
Union Square Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further develop its solution.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Chemin de Blandonnet 8 Vernier
Geneva, 1214
Switzerland
Geneva, 1214
Switzerland
Phone
Undisclosed
Website
Email Address
Overview
Our technology will produce lower-cost, safer and intrinsically non-proliferant nuclear energy via a non-self-sustaining (subcritical) reaction by coupling a particle accelerator to a nuclear fuel assembly. The reaction in our system can be stopped in less than 2 milliseconds for safer operation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Franklin Servan-Schreiber
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Our team works diligently to record tech company VC transactions. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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