ARC Clean Technology Secures Series B Funding to Accelerate Advanced Nuclear Reactor Deployment
TL;DR
ARC Clean Technology secured Series B funding to accelerate commercialization of its ARC-100 reactor, gaining advantage in powering AI data centers and energy-intensive industries with clean energy.
ARC will use Series B funding to advance its 100 MWe sodium-cooled fast reactor through DOE programs, KHNP collaborations, and Canadian projects with Hatch and New Brunswick Power.
ARC's zero-emission reactor technology provides reliable clean energy for data centers and industries, reducing carbon emissions and supporting sustainable development globally.
ARC's sodium-cooled fast reactor design, proven over 30 years, uniquely powers hyperscale data centers while achieving key Canadian regulatory milestones for advanced nuclear technology.
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ARC Clean Technology announced the successful closing of its Series B financing round, attracting investors from the energy, infrastructure, and technology sectors. The funding will accelerate commercialization programs for the ARC-100, a 100 MWe advanced sodium-cooled fast reactor designed to provide reliable, clean heat and power for energy-intensive industries and next-generation data centers.
The investor group includes Xplor Ventures, Hennessy Capital Group, Cleantech Ventures, Core Synergy and Banpu Ventures. Proceeds will support ARC's ongoing work with the U.S. Department of Energy (DOE), its collaboration agreement with Korea Hydro & Nuclear Power (KHNP) for global advanced small modular reactor fleet deployment, and continuation of its Canadian project development supported by strategic partner Hatch.
"This investment reflects strong confidence in ARC's progress and the capability of the ARC-100 to deliver reliable, clean heat and power for energy-intensive industries and next-generation data centers," said James Wolf, newly appointed CEO of ARC Clean Technology. The company has appointed James Wolf as CEO as it moves into its next phase of commercialization, while Bob Braun will continue to lead ARC operations in Canada.
ARC's technology is generating interest from multiple jurisdictions and project developers looking to advanced small modular reactor technology for reliable, clean energy to support AI data centers, as well as industrial and on-grid applications. The company's simple advanced reactor design uses proven sodium-cooled fast reactor technology combined with recent commercialization milestones.
In the United States, ARC is a grant funding awardee of the US Department of Energy Advanced Reactor Demonstration Program to develop and deploy the ARC-100. In Canada, ARC has been working with New Brunswick Power on a commercial demonstration of the ARC-100 at the Point Lepreau site. In 2023, New Brunswick Power submitted a License to Prepare Site application to the Canadian Nuclear Safety Commission (CNSC) for the ARC-100 project, and in 2025 ARC successfully completed Phase 2 of the CNSC's rigorous Vendor Design Review process.
ARC is the only advanced reactor technology in Canada to have achieved both milestones. In 2025, ARC announced the formation of NuARC, a partnership entity with Calgary-based Nucleon Energy to develop and deploy the ARC-100 starting in Alberta, Canada with evaluation of potential sites in progress. Hatch, which has been working closely with ARC since 2022, noted the reactor's high-temperature, zero-emission design is ideally suited to power hyperscale data centers and heavy industry.
Curated from 24-7 Press Release
