🏆 Deal of the Month · April 2026
Blue Energy raised USD 380 million in a Series C round in April 2026; the company's valuation remains undisclosed. The round was led by XI Capital. This raise follows Blue Energy's earlier funding rounds and marks a significant capital commitment to scaling shipyard-manufactured nuclear power plants.
Blue Energy — key deal facts
| Company | Blue Energy |
| Founded | 2023 |
| Headquarters | Bethesda, Maryland, USA |
| Amount raised | USD 380m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series C |
| Investors | The round was led by XI Capital with participation from At One Ventures, Engine Ventures, and Tamarack Global. |
Who invested in Blue Energy?
The Series C was led by XI Capital, with participation from At One Ventures, Engine Ventures, and Tamarack Global. The investor mix is notable for spanning dedicated climate and energy transition funds alongside growth-stage technology investors, reflecting broad institutional confidence in next-generation nuclear as a credible decarbonisation pathway. This coalition of backers brings both sector-specific expertise and access to deep capital networks relevant to large-scale infrastructure development.
What does Blue Energy do?
Blue Energy designs and commercialises modular, prefabricated, reactor-agnostic nuclear power plants manufactured in shipyards under fixed-price contracts. The approach is intended to dramatically reduce construction timelines and costs relative to conventional nuclear builds, while producing plants engineered to be walk-away safe and cost-competitive with both fossil fuels and renewables. The company was founded in 2023 and is headquartered in Bethesda, Maryland, USA. Its CEO and Founder is Jake Jurewicz.
Blue Energy valuation & multiples
Blue Energy operates in the green tech and climate tech space, with its core product being grid-scale modular nuclear power plants manufactured in shipyards. For context, European Greentech benchmarks as of Q1 2026 indicate EV/Sales multiples in the range of 6.06x–7.79x and EV/EBITDA multiples in the range of 11.15x–14.34x. Further information on valuation multiples in the green tech and climate tech sectors is available through the DealMatrix Platform.
Explore the benchmarks: Series C.
Frequently asked questions
How much did Blue Energy raise in its Series C?
Blue Energy raised USD 380 million in its Series C round in April 2026.
What is Blue Energy's valuation?
Blue Energy's valuation was not disclosed in connection with this Series C round.
Who invested in Blue Energy?
The Series C was led by XI Capital, with participation from At One Ventures, Engine Ventures, and Tamarack Global.
When was Blue Energy founded and where is it based?
Blue Energy was founded in 2023 and is headquartered in Bethesda, Maryland, USA.
Source: original announcement — read the full report.