Jeff Green raises $7M for Fluxnium's seawater uranium bet
Congruent led the seed, joined by Active Impact and nuclear operator Constellation, as Fluxnium tries to beat a stubborn cost curve.
By RuntimeWire Staff · Published
Primary source: TechCrunch
Why it matters
Fluxnium is betting that the nuclear buildout's hardest bottleneck shifts upstream to fuel. A utility investor helps, but field-level cost data will decide whether seawater can compete with mines.
Jeff Green, the repeat founder who previously commercialized desalination membranes and direct-air-capture projects, brought Fluxnium out of stealth on September 16th with $7 million to extract uranium from seawater. TechCrunch reported that Congruent Ventures led the seed round, with Active Impact Investments and nuclear operator Constellation Energy participating.…