Ultra Safe Nuclear
Seattle, US · Founded 2020 · Delaware corporation · 8 known investors
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Seattle, Washington-based developer of the TRISO-fueled Micro Modular Reactor and micro-space reactors.
Founders & leadership
Ultra Safe Nuclear was founded in 2020 by Francesco Venneri.
Investors · 8
How we know: Nucleation Capital's portfolio page · Not right? Tell us
How we know: press coverage · Not right? Tell us
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Reported raises · per SEC filings
Form D private placements$17.4M disclosed across 1 round · 2020
▶$17.4MraisedFeb 2020 · 1 investors · Other EnergyRule 506(b)
- Giulia DeLorenzi-VenneriExecutive Officer
- Francesco VenneriExecutive Officer, Director
- Eva ZhangDirector
- Lorenzo VenneriDirector
- Ritesh BudreeExecutive Officer
- Offering amount
- $17.4M
- Amount sold
- $17.4M
- First sale
- Jan 2020
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 5 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| NASA | Phase I | 2023 | $149.9K |
| NASA | Phase II | 2022 | $749.9K |
| Department of Energy | Phase I | 2021 | $200K |
| NASA | Phase I | 2021 | $124.8K |
| NASA | Phase I | 2020 | $120.7K |
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.
Frequently asked questions
- What does Ultra Safe Nuclear do?
- Seattle, Washington-based developer of the TRISO-fueled Micro Modular Reactor and micro-space reactors.
- Who founded Ultra Safe Nuclear?
- Ultra Safe Nuclear was founded by Francesco Venneri in 2020.
- Who are Ultra Safe Nuclear's investors?
- Ultra Safe Nuclear's investors include Nucleation Capital, Andreessen Horowitz, Chevron Technology Ventures, Crucible Capital, Decisive Point, Fundomo, Stepstone Group, Welara.
- How much funding has Ultra Safe Nuclear raised?
- Ultra Safe Nuclear has disclosed $17.4M raised across 1 round.
- Where is Ultra Safe Nuclear headquartered?
- Ultra Safe Nuclear is headquartered in Seattle, US.



