ARC Secures Series B Funding to Advance Clean Nuclear Reactor for AI Data Centers

ARC Clean Technology, a pioneering developer of advanced small modular reactors (aSMRs), has successfully closed its Series B financing round, attracting a diverse group of investors including Xplor Ventures, Hennessy Capital Group, Cleantech Ventures, Core Synergy, and Banpu Ventures. This significant funding will propel the commercialization of the ARC-100, a 100 MWe advanced sodium-cooled fast reactor, supporting key partnerships with the U.S. Department of Energy (DOE), Korea Hydro & Nuclear Power (KHNP) for global deployment, and continued project development in Canada with strategic partner Hatch. The investment underscores strong confidence in ARC's technology, which is designed to deliver reliable, clean heat and power for energy-intensive industries and next-generation data centers.

As ARC enters this new commercialization phase, James Wolf has been appointed CEO, while Bob Braun continues to lead operations in Canada. The company's progress is highlighted by its involvement in the U.S. Department of Energy Advanced Reactor Demonstration Program and milestones in Canada, where it has submitted a License to Prepare Site application with New Brunswick Power and completed Phase 2 of the Canadian Nuclear Safety Commission's Vendor Design Review process. Additionally, ARC has formed NuARC, a partnership with Nucleon Energy, to develop and deploy the ARC-100 in Alberta, Canada, with site evaluations underway. These advancements position ARC as a leader in the aSMR sector, generating interest from multiple jurisdictions for applications in AI data centers, industrial uses, and on-grid power.

The ARC-100's design leverages proven sodium-cooled fast reactor technology from a 30-year prototype, offering a modular, zero-emission solution that addresses the growing demand for sustainable energy. With this funding, ARC aims to accelerate deployment in the United States, Canada, and internationally, supporting the transition to clean energy and meeting the needs of hyperscale data centers and heavy industry. For media inquiries, contact Sandra Donnelly, Director of Corporate Services, at sdonnelly@arc-cleantech.com, ensuring stakeholders stay informed about ARC's innovative contributions to the energy landscape.