Tech Company Financing Transactions
Radiant Industries Funding Round
Radiant Industries, based in El Segundo, scored $165 million from DCVC, Giant Ventures and Stepstone.
Transaction Overview
Company Name
Announced On
5/28/2025
Transaction Type
Venture Equity
Amount
$165,000,000
Round
Series C
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
1921 East Maple Avenue
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Undisclosed
Website
Email Address
Overview
Radiant is a clean energy startup building a nuclear microreactor. A climate-friendly alternative to diesel generators, Radiant's Kaleidos 1MW microreactor will be the world's first portable, zero-emissions power source that works anywhere. We plan to test our development reactor by 2026 and if successful, it will be the first new commercial reactor design to achieve a fueled test in over 50 years. Our microreactor can bring power to remote parts of the world and provide backup power for life-saving applications in hospitals or disaster-relief scenarios.
Management Team
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