Fundraising Fox
/Companies
Sign in

Elementl Power

Annapolis, US · Founded 2023 · Delaware corporation · 36 employees on LinkedIn · 3 known investors

Find your way into Elementl Power

Sign up to see every warm intro you have to Elementl Power

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Elementl Power team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Sign up with GoogleAlready have an account? Log in

Elementl Power develops next-generation nuclear energy projects, handling site evaluation, licensing, regulatory affairs, financing, and project execution to deploy baseload nuclear generation. The company serves the clean energy and infrastructure market in the United States.

CleantechClimate TechEnergy

Founders & leadership

Elementl Power was founded in 2023 by David Faherty and Dan Faherty.

DFDavid Faherty
David FahertyChief Commercial Officer and Co-founderHe co-founded Breakwater North, where he serves as managing partner, after five years as a vice president at Piper Sandler. He began his career in the Navy, serving as a lieutenant in the submarine force from 2006 to 2015.
DFDan Faherty
Dan FahertyChief Financial Officer and Co-founderBefore joining Elementl Power in 2023, he was a vice president at Jefferies and an associate at Goldman Sachs, which he first joined as a summer associate. He served as a nuclear submarine officer in the US Navy from 2009 to 2016 and is also a managing partner at Breakwater North.
CCChris Colbert
Chris ColbertChief Executive Officer and Chairman
RMRyan Mills
Ryan MillsCo-Founder and Chief Strategy Officer
DE
David Edward Faherty IIINamed on SEC filing

Investors · 3

Alumni Ventureslisted by Alumni VenturesManchester · $100K – $10M
Prelude Ventureslisted by Prelude VenturesSan Francisco · $100K – $5M

How we know: Prelude Ventures's portfolio page · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$5M disclosed across 1 round · 2023

▶$5MraisedMay 2024 · 3 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel FahertyExecutive Officer
  • Ryan MillsExecutive Officer
  • David Edward Faherty IIIExecutive Officer, Director
Amount sold
$5M
First sale
Dec 2023
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Related companies · 3

Element EnergyElement Energy develops an adaptive battery management system that improves safety, longevity, and energy output for battery packs through cell-level monitoring and management algorithms.
ElementElement Materials Technology provides materials testing, product qualification, and assurance services for customers in aerospace, space, defense, and energy sectors. The company operates two global business lines and serves highly regulated industries.
Elemental Excelerator,Elemental Impact is a nonprofit investment firm that provides catalytic capital, coaching, and network support to early-stage companies developing climate and sustainability technologies across energy, industry, transportation, built environment, water, food, agriculture, and nature. The firm operates three investment tracks—Strategy, Project, and Data Center Innovation—designed to help entrepreneurs move from technology breakthrough to commercial deployment and scale.

Companies working in the same space as Elementl Power.

Frequently asked questions

What does Elementl Power do?
Elementl Power develops next-generation nuclear energy projects, handling site evaluation, licensing, regulatory affairs, financing, and project execution to deploy baseload nuclear generation. The company serves the clean energy and infrastructure market in the United States.
Who founded Elementl Power?
Elementl Power was founded by David Faherty, Dan Faherty in 2023.
Who are Elementl Power's investors?
Elementl Power's investors include Energy Impact Partners, Alumni Ventures, Prelude Ventures.
How much funding has Elementl Power raised?
Elementl Power has disclosed $5M raised across 1 round.
Where is Elementl Power headquartered?
Elementl Power is headquartered in Annapolis, US.