Alumni Ventures — funding rounds

Every round in the stream with Alumni Ventures in it — 5 bookmarks, newest first.

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20 Aug

Cool Company Raises · $31.0M

Apollo Atomics raises a $31.0M Seed round

Apollo Atomics is an MIT spinoff focused on developing the next generation of pressurized water reactors (PWRs) designed for factory-based manufacturing. The company aims to deliver high power density nuclear reactors capable of providing carbon-free energy for various large-scale energy users. Their innovative approach seeks to reduce the overall reactor footprint and accelerate regulatory processes for commercialization. Apollo has established a commercial pipeline with over 20 gigawatts of signed letters of intent.

Manufacturing Energy Renewable-Energy Ray Rothrock Matteo Franceschetti Philip Johnston+11 more

14 Aug

Cool Company Raises · $7.9M

Riven Systems raises a $7.9M Seed round

Riven Systems is a NYC-based industrial chemistry startup that provides an AI platform for optimizing domestic critical minerals processing. The platform integrates autonomous laboratories, computational modeling, and AI within real-world infrastructure to enhance processing chemistry for domestic producers. It aims to replace legacy systems with modular, feedstock-specific solutions. Led by CEO Chip Breitenkamp and CTO Orion Archer Cohen, Riven Systems focuses on developing innovative processing solutions.

Artificial-Intelligence Machine-Learning New System Ventures Clai Lightscape Partners Alumni Ventures+3 more

5 Aug

Cool Company Raises · $40.0M

Aurelius Systems raises a $40.0M Series A round

Aurelius Systems is developing autonomous laser weapons to counter modern drone threats. Based in San Francisco, the company fuses advanced optics, AI-guided tracking, and high-powered directed energy into a compact platform that can eliminate low-cost drones for a fraction of the cost of traditional systems. Aurelius is accelerating the deployment of practical, scalable, and field-ready innovation to restore the technological edge in defense.

Manufacturing Information-Technology Cyber-Security Decisive Point Detroit Venture Partners Bravo Victor Venture Capital (Bvvc)+7 more

17 Jun

Cool Company Raises · $11.5M

Nox Metals raises a $11.5M Seed round

Nox Metals is a seven-month-old startup based in Southwest Detroit that specializes in custom aluminum blocks for CNC machining. The company uses AI automation to significantly reduce lead times from days to seconds. Nox Metals aims to revitalize a World War II-era factory to further its mission and enhance production capabilities.

Manufacturing Mining Precious-Metals Alumni Ventures Dtx Ventures Hyperion+5 more

27 May

Cool Company Raises · $100.0M

Thea Energy raises a $100.0M Series B round

Thea Energy is a New Jersey-based fusion power company commercializing a planar-coil stellarator architecture, using arrays of mass-manufacturable superconducting magnets and software-defined controls in place of precision-machined 3D coils. Spun out of Princeton University and Princeton Plasma Physics Laboratory in 2022, it is an awardee of the US Department of Energy's Milestone-Based Fusion Development Program and is building the Eos integrated stellarator en route to its first commercial Helios power plant.

USIT Alumni Ventures Calm Ventures Climate Capital Divergent Capital Emerald Technology Ventures+14 more

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