THORIZON

Thorizon is a Netherlands-based startup founded in 2018 with the slogan "Decarbonising society through clean steam | Developers of an innovative Thorium Molten-Salt Reactor (MSR) design." The company comprises experienced nuclear professionals dedicated to accelerating the development of next-generation nuclear reactors. Their multidisciplinary team includes experts in engineering, physics, chemistry, and business, supported by a range of advisors.

Thorizon focuses on the broader challenge of decarbonization beyond electricity generation, aiming to address society's essential needs such as heating, clean fuels, and desalination, which are currently reliant on fossil fuels. The company's goal is to contribute to a clean planet by developing a reliable nuclear reactor that efficiently utilizes fuel, minimizes radioactive waste, and emits no CO2 during operation.

The latest milestone for Thorizon is the €12.50M Venture Round investment secured on 18 August 2022. The investment came from Invest-NL, Positron Ventures, PDENH, Impuls Zeeland, and Huisman Equipment. This funding will likely fuel the company's efforts in advancing their Thorium molten salt reactor (MSR) design and its potential to produce high-temperature steam for various applications, including driving industrial processes and generating clean energy forms like electricity, hydrogen, and fuels.