Last deal

$7M

Amount

Grant

Stage

26.10.2023

Date

3

all rounds

$51M

Total amount

General

About Company
ARC Clean Energy develops safe, reliable, and economical carbon-free power.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2006

Number of employees

Last funding type

Grant

IPO status

Private

Description

The company is focused on creating the ARC-100, an advanced small modular reactor (SMR) that provides 100 megawatts of electricity. Leveraging proven technology from the US government's Argonne National Labs, the ARC-100 offers cost-competitive power compared to fossil fuels. New Brunswick Power in Canada has selected the ARC-100 for implementation on their Point Lepreau site, with completion expected in the late 2020s. ARC Clean Energy aims to reshape the energy industry by offering scalable and carbon-free electricity and industrial heat.