DEEP ISOLATION
Nuclear Waste Disposal Solution
Nuclear Waste Disposal Solution
DEEP ISOLATION is a pioneering company in the Renewable Energy and Clean Energy sectors, founded in 2016 and headquartered in the United States. Their mission revolves around providing an innovative solution for the secure disposal of spent nuclear fuel from commercial nuclear reactors. The company's horizontal drill hole technology not only ensures safety but also offers a cost-effective approach.
Deep Isolation stands out as the first company to propose using this method to safely isolate spent nuclear fuel under a substantial amount of rock, known for its demonstrated geologic stability and impermeability. This distinctive approach has garnered significant attention and support, with their $4.90M Grant investment on 02 November 2022 from ARPA-E, underscoring the growing confidence in their innovative solution.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $4.90M | 1 | ARPA-E | 02 Nov 2022 |
| Grant | $3.60M | 1 | ARPA-E | 10 Mar 2022 |
| Series A | Unknown | - | 07 Jan 2020 | |
| Seed Round | $3.50M | - | 01 Apr 2019 | |
| Seed Round | $10.00M | - | 16 Jan 2019 |
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