When was USNC founded?

USNC was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is USNC located?

USNC is headquartered in Seattle, United States.

How many employees does USNC have?

As of Apr 30, 2026, the latest employee count at USNC is 21.

Is USNC a funded company?

USNC is a funded company, having raised a total of $47.4M across 7 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 01, 2017.

When was the latest funding round of USNC?

USNC's latest funding was a $***** Grant (prize money) round on Aug 20, 2024, with participation from 1 investor. Its primary sector is Nuclear Energy. In United States, the Nuclear Energy sector has seen $1.3B in funding in 2026 to date.

Where does USNC rank among its competitors?

USNC ranks 8th amongst 71 active competitors, of which 27 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Terrestrial Energy, which secured $85.3K in Mar, 2026.

Who are the top competitors of USNC?

USNC's top competitors include Newcleo, TerraPower and NuScale Power. Among them, Terrestrial Energy secured the most recent funding round in March, 2026.

USNC - 2026 Company Profile, Team, Funding & Competitors

USNC is a series B company based in Seattle (United States), founded in 2011. It operates as a Manufacturer of micro modular reactors. USNC has raised $47.4M in funding from Hyundai Engineering & Construction. The company has 71 active competitors, including 27 funded and 4 that have exited. Its top competitors include companies like Newcleo, TerraPower and NuScale Power.

Company Details

Manufacturer of micro modular reactors. They also manufacture their own advanced fuel

Website: usnc.com
Social
Email ID: *****@usnc.com
Phone Number: +1 **********

Key Metrics

Founded Year

2011

Location

Seattle, United States

Stage

Series B

Total Funding

$47.4M in 7 rounds

Latest Funding Round

Grant (prize money), Aug 20, 2024, $*****

Investors

Hyundai Engineering & Construction & 2 more

Ranked

8^th among 71 active competitors

Employee Count

21 as on Apr 30, 2026

Similar Companies

Radiant Nuclear & 32 more

View USNC's full profile

USNC has raised a total funding of $47.4M over 7 rounds. Its first funding round was on Sep 01, 2017. Its latest funding round was a Grant (prize money) round on Aug 20, 2024 for $*****. 1 investor participated in its latest round. USNC has 3 institutional investors.

Here is the list of recent funding rounds of USNC:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 20, 2024	3896135	Grant (prize money)	2883648	6821030	7118030	4086371
May 10, 2023	3317853	Grant (prize money)	9869151	7972387	9805243	OSTI
Jun 27, 2022	1241978	Grant (prize money)	1971392	8537195	9235669	OSTI

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View details of USNC's funding rounds and investors

USNC's employee count trend

USNC has 21 employees as of Apr 26. Here is USNC's employee count trend over the years:

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Top competitors of USNC include Newcleo, TerraPower and NuScale Power. Here is the list of Top 10 competitors of USNC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Newcleo 2021, Paris (France), Series B	Provider of advanced nuclear energy technologies, focused on designing, building, and operating small modular lead-cooled fast reactors	$843M	Exor, Club degli Investitori & 73 others	69/100
2nd	TerraPower 2006, Bellevue (United States), Series D	Designer of nuclear reactors	$1.52B	ArcelorMittal, SK & 9 others	67/100
3rd	NuScale Power 2007, Portland (United States), Acquired	Developer of micro nuclear power plants	$198M	Doosan Enerbility, IBK Securities & 7 others	63/100
4th	X Energy 2010, Greenbelt (United States), Public	Developer of small modular & high temperature gas cooled nuclear reactor	$1.53B	Ares Management, Jane Street & 22 others	63/100
5th	Radiant Nuclear 2019, Los Angeles (United States), Series D	Developer of portable nuclear microreactors designed to replace diesel generators	$518M	Union Square Ventures, Boost VC & 27 others	60/100
6th	Terrestrial Energy 2013, Charlotte (United States), Series D	Developer of small modular reactor	$118M	Sustainable Development Technology Canada, ARPA-E ... & 3 others	59/100
7th	Westinghouse Electric 1886, United States, Acquired	Developer of small modular reactor	-	ARPA-E, Defense.gov & 6 others	58/100
8th	USNC 2011, Seattle (United States), Series B	Manufacturer of micro modular reactors	$47.4M	OSTI, Europa & 1 others	54/100
9th	Jimmy 2021, Levallois Perret (France), Series A	Operator of thermal generators providing decarbonized heat to industrial clients	$17.3M	Eren Groupe, Otium Capital & 4 others	54/100
10th	Blykalla 2013, Stockholm (Sweden), Series C	Developer and producer of advanced small modular reactors	$73M	Norrsken Foundation, Oklo & 14 others	52/100