Project Omega announced that it has raised $80 million in its Series A financing led by B Capital with participation from noa VC, 645 Ventures, and other leading investors in nuclear technology and national security.

The financing will accelerate the company's work to close America's nuclear fuel cycle and transform it into a source for long duration power systems, fuel for nuclear reactors and strategic isotopes for commercial, scientific and medical use. Existing investors participated in the round including Starship Ventures, Mantis Ventures, Decisive Point, Virta Ventures, Pace Ventures, Essential Capital and Washington Harbour Partners.