Blue Energy

Summary active Updated Jul 16, 2026

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Location Washington, DC
Founded 2023
Latest Stage Equity and debt financing
Total Raised $425M

Founders

Jake Jurewicz Co-founder & CEO
Matt Slotkin Co-founder

About

Blue Energy designs grid-scale nuclear reactors manufactured inside shipyards and delivered to sites by barge, aiming to cut capital costs from roughly $10K/kW to $2K/kW and compress build times from ten years to two by leveraging centralized manufacturing environments 1. The company was founded in 2023 by Jake Jurewicz (co-founder & CEO, previously at Exelon and Entropy Power) and Matt Slotkin 2. The company emerged from stealth in October 2024 with a $45M Series A co-led by Engine Ventures and At One Ventures, with participation from Angular Ventures, Tamarack Global, Propeller Ventures, Starlight Ventures, and Nucleation Capital 234. Its first announced project is a 1.5 gigawatt plant in Texas, with construction targeted to begin in 2026 1.

Funding History

Date Round Amount Lead Co-investors
2026-04-21 Equity + debt financing $380M VXI Capital At One Ventures, Engine Ventures, Tamarack Global 1
2024-10-08 Series A $45M Engine Ventures, At One Ventures (co-led) Angular Ventures, Tamarack Global, Propeller Ventures, Starlight Ventures, Nucleation Capital 234

What Investors Say

No independently sourced investor quotes found.

What Founders Say

No independently sourced founder quotes found.

Sources


  1. Tim De Chant, “Blue Energy raises $380M to build grid-scale nuclear reactors in shipyards,” TechCrunch, April 21, 2026. Accessed April 2026. https://techcrunch.com/2026/04/21/blue-energy-raises-380m-to-build-grid-scale-nuclear-reactors-in-shipyards/

  2. “Blue Energy Secures $45M to Make Clean, Reliable Nuclear Power Commercially Viable,” BusinessWire, October 8, 2024. Accessed April 2026. https://www.businesswire.com/news/home/20241008971139/en/Blue-Energy-Secures-$45M-to-Make-Clean-Reliable-Nuclear-Power-Commercially-Viable

  3. “Blue Energy secures $45m funding for modular nuclear power plant,” Power Technology, October 9, 2024. Accessed July 2026. https://www.power-technology.com/news/blue-energy-secures-funding/

  4. “Blue Energy Launches From Stealth with $45M Series A,” Built In Edinburgh, October 8, 2024. Accessed July 2026. https://builtinedinburgh.uk/articles/blue-energy-raises-45m-series-a-20241008