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  • Franklin Servan-Schreiber

Transmutex Closes Series A financing with Union Square Ventures

On this day the 29th of July, our second-year anniversary and the day of celebration for the creation of NASA - National Aeronautics and Space Administration (1958) and the International Atomic Energy Agency (IAEA) (1957), we are honored to announce the closing of our Series A with Union Square Ventures in the lead, together with the participation of AlleyCorp.

Transmutex has the ambition to deliver an entirely new nuclear energy process that will enable carbon-free energy without long-lived waste within the decade. USV had done a deep due diligence about our technology development plan, the quality of our team and our partnerships with the best research centers and industrial players from around the world. We will now accelerate our development and hope to mitigate the worst effects of climate change.


Here is the post by Albert Wenger of Union Square Venture about Transmutex:


https://www.usv.com/writing/2021/07/transmutex/




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