ARC Clean Technology Secures Series B Funding to Advance Commercialization of ARC-100 Advanced Reactor

ARC Clean Technology announced the successful closing of its Series B financing round, with proceeds designated to advance commercialization programs for the ARC-100, a 100 MWe advanced sodium-cooled fast reactor. The funding round attracted investors from across the energy, infrastructure, and technology sectors, including Xplor Ventures, Hennessy Capital Group, Cleantech Ventures, Core Synergy and Banpu Ventures. The financing will support ARC's ongoing work with the U.S. Department of Energy (DOE), its collaboration agreement with Korea Hydro & Nuclear Power (KHNP) for global advanced small modular reactor fleet deployment, and continuation of its Canadian project development supported by strategic partner Hatch.

James Wolf, newly appointed CEO of ARC Clean Technology, stated that the investment reflects strong confidence in the company's progress and the capability of the ARC-100 to deliver reliable, clean heat and power for energy-intensive industries and next-generation data centers. ARC's simple advanced reactor design uses proven sodium-cooled fast reactor technology and is generating interest from multiple jurisdictions and project developers seeking reliable, clean energy to support AI data centers, industrial applications, and on-grid power. In the United States, ARC is a grant funding awardee of the US Department of Energy Advanced Reactor Demonstration Program to develop and deploy the ARC-100.

In Canada, ARC has been working with New Brunswick Power on a commercial demonstration of the ARC-100 at the Point Lepreau site. The company successfully completed Phase 2 of the Canadian Nuclear Safety Commission's rigorous Vendor Design Review process in 2025, making it the only advanced reactor technology in Canada to have achieved both this milestone and the submission of a License to Prepare Site application in 2023. ARC also announced the formation of NuARC, a partnership entity with Calgary-based Nucleon Energy to develop and deploy the ARC-100 starting in Alberta, Canada.

The ARC-100's high-temperature, zero-emission design is considered ideally suited to power hyperscale data centers and heavy industry. Amar Jolly, Managing Director of Power at Hatch, noted that his company looks forward to continuing its partnership as ARC advances toward commercial deployment. The financing enables ARC to accelerate deployment with partners in the United States, Canada, and internationally as demand grows for carbon-free power solutions. This development matters because it represents a significant step toward commercializing advanced nuclear technology that can provide reliable, clean energy for growing sectors like data centers and heavy industry, potentially helping to meet climate goals while supporting economic growth.