/Companies

Deep Isolation

OTC: DBHL

Berkeley, US · Founded 2016 · Delaware corporation · 3 known investors

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Deep Isolation Nuclear, Inc. is a company whose stock trades on the OTCQB under the ticker DBHL. The page shown is an investor relations section listing SEC filings, quarterly results, and stock information.

Founders & leadership

Deep Isolation was founded in 2016 by Richard Muller and Elizabeth Muller.

RMRichard Muller
Richard MullerCo-founderRichard Muller is a physicist who retired from UC Berkeley in 2010 and co-founded Berkeley Earth, a climate research organization. He co-founded Deep Isolation, a nuclear waste storage company, and currently serves as CTO and co-founder of Deep Fission, which develops small modular nuclear reactors.
EMElizabeth Muller
Elizabeth MullerCo-Founder and Executive Chair of the BoardElizabeth Muller is an executive officer and director at Deep Isolation, a company developing solutions for nuclear waste management. She also leads Deep Fission, which develops underground nuclear power systems.
JSJesse Sloane
Jesse SloaneExecutive Vice President of EngineeringJesse Sloane is Executive Vice President of Engineering at Deep Isolation, where he leads the company's engineering operations and project delivery for nuclear waste management programs. He previously worked at Naval Reactors Headquarters managing spent nuclear fuel packaging and storage, and in engineering consulting focused on project risk and claims analysis; he holds a B.S. in Mechanical Engineering from Drexel University and an M.Eng. in Nuclear Engineering from Penn State, and is a licensed Professional Engineer in Pennsylvania and Virginia.
SMSophie McCallum
Sophie McCallumChief Of StaffSophie McCallum is an executive officer at Deep Isolation Nuclear, a company developing technology for permanent disposal of spent nuclear fuel and high-level radioactive waste. She previously held leadership roles in sales, marketing, and operations at another organization, where she led departmental functions including HR and finance.
RBRod Baltzer
Rod BaltzerBoard MemberDirector, President and Chief Executive Officer at Deep Isolation Nuclear
JNJoseph Nelson
Joseph NelsonChief Financial Officer
PWPaula Whitten-Doolin
Paula Whitten-DoolinGeneral Counsel (OTCQB: DBHL)
CP
Chris ParkerChief Commercialization Officer
SA
Steve AirhartPresident-Freestone Environmental Services

Board

JA
Jonathon AngellBoard director
LG
Leslie Goldman TepperBoard director
KC
Kent ColeBoard director

Investors · 3

Also in the syndicate · 2

NAC InternationalSegra Capital Management

Funding

SEC filings, press & company announcements

$54.1M disclosed across 2 of 4 rounds · 2019–2025

  • Undisclosed amountprivate placementJul 2025

    NAC International, Segra Capital Management

    Source ↗
▶$33MraisedAug 2025 · 241 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathon AngellDirector
  • Elizabeth MullerDirector
  • Steven AirhartExecutive Officer
  • Jesse SloaneExecutive Officer
  • Christopher ParkerExecutive Officer
  • Sophie McCallumExecutive Officer
  • Rodney BaltzerExecutive Officer, Director
  • Kent ColeDirector
  • Leslie Goldman TepperDirector
Offering amount
$33M
Amount sold
$33M
Minimum investment
$5K
Sales commissions
$3.2M
Placement agents
Christopher James Fiore, Network 1 Financial Securities, Inc., Phoenix Financial Services, Seaport Global Securities LLC, The Benchmark Company, LLC, Dinosaur Financial Group, L.L.C.
First sale
Jul 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$21.1MraisedDec 2020 · 32 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard MullerExecutive Officer, Director
  • Kent S. ColeDirector
  • Elizabeth MullerExecutive Officer, Director
Offering amount
$22.4M
Amount sold
$21.1M
First sale
Nov 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$172.9Mvaluation at IPOMay 2026 · $3.00/share · S-1/A
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Founder mafia

2 people who came through Deep Isolation went on to found or lead other companies.

Non-dilutive funding · 5 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
ARPA-EPhase I2023$286.6K
Department of EnergyPhase II2023$155.1K
Department of EnergyPhase II2022$1.6M
Department of EnergyPhase II2022$1.6M
Department of EnergyPhase I2022$232.8K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Deep Isolation do?
Deep Isolation Nuclear, Inc. is a company whose stock trades on the OTCQB under the ticker DBHL. The page shown is an investor relations section listing SEC filings, quarterly results, and stock information.
Who founded Deep Isolation?
Deep Isolation was founded by Richard Muller, Elizabeth Muller in 2016.
Who are Deep Isolation's investors?
Deep Isolation's investors include Nucleation Capital.
How much funding has Deep Isolation raised?
Deep Isolation has disclosed $54.1M raised across 2 of its 4 known rounds.
Where is Deep Isolation headquartered?
Deep Isolation is headquartered in Berkeley, US.