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Energy · Long Beach, CA · Founded 2025 · Raised $60M · Formation stage

BlueCore Energy

Designing a small pressurized water reactor on a barge to supply shore power to ports

Edge

48#3 · Unchanged in 7d

4 of 8 families

Brief

Written by a research agent on Oct 2 from the sources below. A second agent checked each claim.

BlueCore Energy is designing a small pressurized water reactor mounted on a barge to supply shore power to ports. Its 22 July 2026 NRC letter describes the BC-12 reactor as 10 MWe net. It is at Pier D, Port of Long Beach, California, with a test pressure vessel the company calls a non-nuclear prototype.

Why it fits

BlueCore applies light-water reactor technology with low-enriched fuel to a barge for ports. It has an NRC pre-application docket and a Port of Long Beach site, but no fueled hardware or license application. The case rests on regulatory execution.

Stage and round

Two Form Ds are on file. Filed 6 April 2026: $9,250,000 sold of $10,000,000 to 14 investors. Filed 4 September 2026: $19,405,042 sold of $21,810,060 to 24 investors. Neither names investors. The company announced about $10 million led by Slauson & Co. on 21 July 2026. Press reported a $50 million seed led by Silverton Partners on 8 September 2026. Filed amounts do not match those figures.

Ask on the first call

  1. 01Form Ds show $9.25 million and $19.4 million sold against announced rounds of about $10 million and $50 million. What has actually closed, and at what price?
  2. 02Fortune reports California banned building new nuclear plants in 1976. What is the legal path to run a fueled BC-12 at Long Beach, and the fallback site?
  3. 03The NRC letter targets a license application in 2027 and approval in 2028. Where does the DOE authorization stand, and which NRC pathway will you choose?
  4. 04What is the expected cost of the first unit and the target power price, who supplies the fuel, and is there any signed agreement with the port or another customer?

Risks

  • –Fortune reports California banned building new nuclear plants in 1976. The headquarters and the demonstration site named in the NRC letter are both at the Port of Long Beach.
  • –Nothing fueled exists. The NRC pathway is not yet chosen, and the licensing plan relies on a DOE-authorized demonstration that the company says it is still pursuing.
  • –Sources describe the CEO's prior work in freight, autonomous aircraft and electric vessels, not nuclear. Backgrounds of the engineering leads other than Megan Moyette are stated only by the company.

Could not confirm

  • ?The company's NRC letter says the American Bureau of Shipping granted an Approval in Principle for the Nautilus floating plant in June 2026, not independently confirmed.
  • ?The NRC letter says BlueCore is pursuing DOE authorization under the Launch Pad USA program. No source opened shows BlueCore has applied or been selected.
  • ?The company says the first round included angel investors, former leaders at Tesla, Uber, Amazon and Google. None is named, and the Form Ds name no investors.

SourcesForm D, 4 September 2026 ↗Form D, 6 April 2026 ↗NRC letter, 22 July 2026 ↗NRC transmittal, 18 September 2026 ↗Company press release, 21 July 2026 ↗Fortune, 29 August 2026 ↗Company press release, 8 September 2026 ↗WorkBoat, 8 September 2026 ↗AfroTech via Yahoo Finance, 21 July 2026 ↗Company team page ↗

People

  • Kwadwo AdutwumSearch ↗

    Nuclear Core Design Lead per the company team page, which says he has led nuclear design at light-water reactor companies. No outside source opened confirms this.

  • Megan MoyetteSearch ↗

    Author of NRC submission

    Licensing and Safety Lead per the September 2026 NRC transmittal. WorkBoat describes her as a former Navy nuclear submarine officer, with 13 years of service per the team page.

  • Kofi AsanteSearch ↗

    CEO

    Founder and CEO, director on both Form Ds. AfroTech reports launch teams for Uber's freight strategy, Elroy Air and Arc, and venture partner at Rackhouse Venture Capital.

  • Austin ClementsSearch ↗

    Director

    Director on the 4 September 2026 Form D. The company's press release identifies him as Managing Partner of Slauson & Co., which led the first round.

Score

Momentum71

 

Capital, regulatory, hiring, traffic

Thesis fit97

× 0.98

Matched on electrification, energy, manufacturing, megawatt, nrc

Earliness69

× 0.81

Already visible: capital raised

Team–

× 0.85

4 named people, none from a top lab or company

71 × 0.98 × 0.81 × 0.85 = 48

Edge, 12 weeks