ARC Clean Technology Closes Series B Financing to Propel Advanced Nuclear Reactor Development
WASHINGTON, DC, December 16, 2025 — In an exciting development for the clean energy sector, ARC Clean Technology (“ARC”), a front-runner in advanced small modular reactors (aSMRs), has announced the successful completion of its Series B financing round. This round attracted significant backing from a diverse range of new and existing investors, including corporate venture arms of major energy companies, various venture capital funds, strategic investors, and large family offices. Noteworthy contributors include Xplor Ventures, Hennessy Capital Group, Cleantech Ventures, Core Synergy, and Banpu Ventures.
Funding for Commercialization Programs
The capital raised will primarily be directed toward advancing the commercialization of ARC’s flagship product, the ARC-100, a 100 megawatt (MWe) advanced sodium-cooled fast reactor. This reactor design is particularly promising due to its high efficiency and low environmental impact. In addition to supporting the ARC-100’s rollout, the funding will enhance ARC’s ongoing collaboration with the U.S. Department of Energy (DOE) and facilitate a partnership with Korea Hydro & Nuclear Power (KHNP) aimed at deploying a global fleet of aSMRs. ARC’s Canadian project development will also benefit from its strategic partnership with Hatch.
Amar Jolly, Managing Director of Power at Hatch, expressed enthusiasm about the collaboration: “Hatch has been working closely with ARC since 2022, and we are pleased to see the significant progress the company has made toward deploying the ARC-100. Its high-temperature, zero-emission design is ideally suited to power hyperscale data centers and heavy industry, and we look forward to continuing our partnership as ARC advances toward commercial deployment.”
Leadership and Strategic Direction
As ARC transitions into this pivotal stage of commercialization, James Wolf has been appointed as the new CEO. He will work alongside Bob Braun, who continues to lead ARC’s operations in Canada. Wolf remarked, “This investment reflects strong confidence in ARC’s progress and the capabilities of the ARC-100 to deliver reliable, clean heat and power for energy-intensive industries and next-generation data centers.”
Global Interest in Advanced Reactor Technology
ARC’s innovative reactor design leverages proven sodium-cooled fast reactor technology, which is generating increasing interest among various jurisdictions and project developers. The ARC-100 is seen as a reliable source of clean energy, particularly for powering AI data centers and supporting industrial applications.
In the United States, ARC’s efforts have gained traction through its recognition as a grant funding awardee of the DOE’s Advanced Reactor Demonstration Program, aimed at expediting the development and deployment of advanced reactors.
Canadian Endeavors and Regulatory Milestones
In Canada, ARC has established a strong partnership with New Brunswick Power to demonstrate the ARC-100 at the Point Lepreau site. Highlighting their significant progress, New Brunswick Power submitted a License to Prepare Site application to the Canadian Nuclear Safety Commission (CNSC) in 2023. In 2025, ARC completed Phase 2 of the CNSC’s rigorous Vendor Design Review process, marking an impressive accomplishment as the first advanced reactor technology in Canada to reach these milestones.
Further solidifying its foothold in Canada, ARC announced the formation of NuARC, a joint venture with Calgary-based Nucleon Energy. This partnership will aim to develop and deploy the ARC-100 starting in Alberta, with site evaluations currently underway.
About ARC Clean Technology
ARC Clean Technology Inc. is at the forefront of clean energy innovation, primarily focused on the development of the ARC-100, which promises safe, reliable, and economically viable carbon-free power. Drawing on decades of proven technology, the modular design of the ARC-100 offers 100 megawatts of energy suitable for electricity generation, industrial applications, and meeting the surging demand for AI data centers. With offices in Washington, DC, and New Brunswick, Canada, ARC is committed to advancing the future of energy through cutting-edge nuclear technology.
Media Inquiries
For further information, please reach out to:
Sandra Donnelly
Director, Corporate Services
ARC Clean Technology
[Email: [email protected]](mailto:[email protected])
This comprehensive approach to funding and development not only showcases ARC’s strategic growth initiatives but also represents a broader commitment to sustainable energy solutions in the face of pressing global energy demands.