# Deep Fission

**Source:** https://www.startuphub.ai/startups/deep-fission
**Profile type:** Startup

> Pioneering underground small modular nuclear reactors for scalable, low-carbon baseload power.

## About

Deep Fission is an advanced nuclear energy company developing small modular pressurized water reactors (SMRs) designed to be placed one mile underground in boreholes. This approach aims to reduce costs, improve safety through natural containment, and enable faster, more scalable deployment of clean, reliable baseload power, particularly for data centers and industrial customers. The company is working with the U.S. Department of Energy's Reactor Pilot Program and is pursuing a Nasdaq IPO.

## Key facts

- **Slug:** deep-fission
- **Website:** https://deepfission.com/
- **Location:** Berkeley, United States
- **Founded:** 2023-01-01
- **Employees:** 65
- **Operating status:** Active
- **Total funding:** $271M
- **Sectors / tags:** Advanced Nuclear, Small Modular Reactors, Clean Energy, Baseload Power, Energy Infrastructure, Climate Tech, Data Center Power
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/deep-fission
  - Twitter: https://x.com/DeepFission
  - Facebook: https://www.facebook.com/Deep.Fission.US

## Frequently asked

### What does Deep Fission do?

Deep Fission is an advanced nuclear energy company developing small modular pressurized water reactors (SMRs) designed to be placed one mile underground in boreholes. This approach aims to reduce costs, improve safety through natural containment, and enable faster, more scalable deployment of clean, reliable baseload power, particularly for data centers and industrial customers. The company is working with the U.S. Department of Energy's Reactor Pilot Program and is pursuing a Nasdaq IPO.

### What is Deep Fission's valuation?

StartupHub estimates Deep Fission's effective valuation at $1.6B (range $1.1B to $2.1B, 39% confidence), based on comparable companies in the sector.

### How much funding has Deep Fission raised?

Deep Fission has raised a total of $271M in funding. The most recent round on record is IPO.

### Where is Deep Fission headquartered?

Deep Fission is headquartered in Berkeley, United States.

### When was Deep Fission founded?

Deep Fission was founded in 2023.

### What industry does Deep Fission operate in?

Deep Fission operates in Advanced Nuclear, Small Modular Reactors, Clean Energy, Baseload Power, Energy Infrastructure, Climate Tech.

### How many employees does Deep Fission have?

Deep Fission has approximately 65 people on record.

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