Fundraising Fox

Deep Fission

NASDAQ: FISN

Berkeley, US · Founded 2021 · Delaware corporation · 75 employees on LinkedIn · 5 known investors

Deep Fission develops a nuclear reactor deployment system that places a pressurized water reactor about a mile underground in a deep borehole, using hydrostatic pressure for operating conditions and geothermal-style energy transfer to surface turbines. The company aims to reduce the cost and complexity of surface infrastructure and has signed letters of intent for power site partnerships totaling 18.5 GW.

Founders & leadership

Deep Fission was founded in 2021 by Richard Muller and Elizabeth A. Muller.

RM
Richard MullerCo-founder
EA
Elizabeth A. MullerCo-founder
WM
William Mark SchmitzExecutive

Investors · 5

Also in the syndicate · 2

EE HoldingsMontrose Capital

Funding

SEC filings, press & company announcements

$150M disclosed across 3 of 4 rounds · 2025–2026

$80MraisedFeb 2026 · 223 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathon AngellDirector
  • William Mark SchmitzExecutive Officer
  • Thomas S. GlanvilleDirector
  • Leslie Goldman TepperDirector
  • Jon GordonExecutive Officer
  • Elizabeth A. MullerExecutive Officer, Director
  • Michael BraselExecutive Officer
  • Richard MullerExecutive Officer
  • Blake JanoverDirector
Offering amount
$80M
Amount sold
$80M
Minimum investment
$10K
Sales commissions
$3.6M
Placement agents
The Benchmark Company, LLC, PHX Financial, Inc., d/b/a Phoenix Financial Services, Seaport Global Securities LLC, Network 1 Financial Securities, Inc.
First sale
Feb 2026
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$120MofferedSep 2025 · 83 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Elizabeth A. MullerExecutive Officer, Director
  • William Mark SchmitzExecutive Officer
  • Richard MullerExecutive Officer, Director
Offering amount
$120M
First sale
Sep 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$30MraisedSep 2025 · 100 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard MullerExecutive Officer, Director
  • William Mark SchmitzExecutive Officer
  • Elizabeth A. MullerExecutive Officer, Director
Offering amount
$31.8M
Amount sold
$30M
Sales commissions
$2.1M
Placement agents
Seaport Global Securities LLC, Phoenix Financial Services, Network 1 Financial Securities, Inc., The Benchmark Company, LLC, Dinosaur Financial Group, L.L.C.
First sale
Sep 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Deep Fission do?
Deep Fission develops a nuclear reactor deployment system that places a pressurized water reactor about a mile underground in a deep borehole, using hydrostatic pressure for operating conditions and geothermal-style energy transfer to surface turbines. The company aims to reduce the cost and complexity of surface infrastructure and has signed letters of intent for power site partnerships totaling 18.5 GW.
Who founded Deep Fission?
Deep Fission was founded by Richard Muller, Elizabeth A. Muller in 2021.
Who are Deep Fission's investors?
Deep Fission's investors include Capital Factory, Blue Owl Capital, Deep Future.
How much funding has Deep Fission raised?
Deep Fission has disclosed $150M raised across 3 of its 4 known rounds.
Where is Deep Fission headquartered?
Deep Fission is headquartered in Berkeley, US.