Energia
Clean Core Thorium Energy Raises $15.5M in Series Seed
The syndicate of investors participating in this round are led by a Singapore-based family office and notable business leaders including Sumant Sinha, CEO and Founder of ReNew, Lakshmi Narayanan, former CEO of Cognizant Technologies, and Deepak Parekh, former Chairman of HDFC Bank.
Mehul Shah, CCTE's CEO and Founder, said:
“We are not only excited to have fresh capital infused in the business for critical growth, but also ecstatic to invite those with deep ties to the global energy industry as advisors and investors to accelerate our progress. This announcement marks the next chapter in CCTE's growth to revolutionize nuclear energy.
By demonstrating thorium's ability to deliver immediate and substantial operational benefits, we can accelerate the renewed momentum of nuclear. This new fuel cycle enhances reactor economics, strengthens energy security, improves safety, and ensures proliferation resistance—all within an existing and proven reactor system."
In 2024, CCTE achieved major milestones to advance the ANEEL fuel, including:
About Clean Core Thorium Energy
Clean Core Thorium Energy is a nuclear fuel company exploring thorium-driven nuclear innovations. Clean Core's patented nuclear fuel technology (called the ANEEL™ fuel) is comprised of thorium and high assay low-enriched uranium (HALEU) and is capable of improving the safety and cost-efficiency of pressurized heavy-water reactors. The ANEEL™ fuel is a novel solution to safety, waste, and proliferation concerns in today's nuclear plants. Learn more at https://cleancore.energy/. Follow us on social media: LinkedIn and X.
Contact: info@cleancore.energy
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti