Blue Energy
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Founders
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
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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/↩↩↩
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“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↩↩↩
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“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/↩↩
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“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↩↩