ARC Clean Technology announced the successful closing of its Series B financing round, attracting investors from energy, infrastructure, and technology sectors including Xplor Ventures, Hennessy Capital Group, Cleantech Ventures, Core Synergy and Banpu Ventures. The funding will accelerate commercialization programs for the ARC-100, a 100 MWe advanced sodium-cooled fast reactor designed to provide reliable, clean energy for energy-intensive applications.
The company will use proceeds to advance work with the U.S. Department of Energy (DOE) through its participation in the Advanced Reactor Demonstration Program at https://www.energy.gov/ne/advanced-reactor-demonstration-program. This funding supports ARC's collaboration agreement with Korea Hydro & Nuclear Power (KHNP) for global advanced small modular reactor fleet deployment and continuation of Canadian project development supported by strategic partner Hatch.
James Wolf, newly appointed CEO of ARC Clean Technology, stated that the investment reflects confidence in the ARC-100's capability to deliver reliable, clean heat and power for energy-intensive industries and next-generation data centers. The financing enables acceleration of deployment with partners in the United States, Canada, and internationally.
ARC's simple advanced reactor design using proven sodium-cooled fast reactor technology is generating interest from multiple jurisdictions and project developers seeking reliable, clean energy to support AI data centers, industrial applications, and on-grid power. The technology's high-temperature, zero-emission design makes it particularly suited for hyperscale data centers and heavy industry.
In Canada, ARC has been working with New Brunswick Power on a commercial demonstration at the Point Lepreau site. The company submitted a License to Prepare Site application to the Canadian Nuclear Safety Commission (CNSC) in 2023 and successfully completed Phase 2 of the CNSC's rigorous Vendor Design Review process in 2025. ARC is the only advanced reactor technology in Canada to have achieved both milestones.
The company recently formed NuARC, a partnership entity with Calgary-based Nucleon Energy to develop and deploy the ARC-100 starting in Alberta, Canada, with evaluation of potential sites in progress. This strategic move expands ARC's footprint in the Canadian energy market while leveraging regional expertise.
For business and technology leaders, ARC's progress represents a significant development in clean energy infrastructure capable of supporting the exponential growth of AI computing demands. The successful funding round and regulatory milestones indicate growing market confidence in advanced nuclear technology as a viable solution for decarbonizing energy-intensive sectors while ensuring grid reliability.
The advancement of small modular reactor technology addresses critical challenges in energy transition, particularly for industries requiring consistent, high-density power that renewable sources alone cannot provide. As data center energy consumption continues to rise with AI expansion, technologies like the ARC-100 offer a pathway to sustainable growth without compromising climate goals or energy security.
