Uranium Digital Raises $16.5 Million in Series A
The electronic uranium trading platform's blockchain-backed venture round was led by Blockchain Capital.
Updated on Nov. 6, 2026 in Nuclear
Uranium Digital raised $16.5 million in Series A funding, closing in October 2026. The company operates an electronic uranium trading platform that uses blockchain to track ownership of stored material.
Why it matters
The financing reflects growing investor interest in electronic venues for uranium, a market where material stays in storage while ownership changes hands. The funding comes as technology companies pursue nuclear power to meet data-center electricity demand.
Uranium Digital raised $16.5 million in Series A funding, up from a $6.1 million seed round in 2025. The company did not disclose its valuation, and the terms beyond the funding amount were not detailed.
The players
Uranium Digital
An electronic uranium trading company that uses blockchain to track ownership of stored uranium, with employees in Canada, New York and Hong Kong.
Blockchain Capital
A venture capital firm that led the Series A round in Uranium Digital.
Constellation Energy
A major U.S. nuclear power operator involved in a 20-year power purchase agreement with Google covering 11 reactors.
The technology company that agreed to a 20-year power purchase deal with Constellation Energy to meet data-center electricity needs.
The details
Blockchain Capital led the Series A round, with Portal Ventures and Apeiron Investment Group also participating. The platform gives institutions an electronic venue to buy and sell uranium while the physical material remains in storage.
Timeline
2024: Uranium Digital was launched by its founders.
2025: The company closed a $6.1 million seed round backed by Framework Ventures.
October 2026: The Series A round closed.
October 6, 2026: Google and Constellation Energy agreed to a 20-year power purchase deal.
November 5, 2026: Uranium Digital announced the financing.
Market Landscape
Uranium Digital applies blockchain ownership records to physical uranium held in storage, a model that brings a commodity market traditionally traded through private brokers onto an electronic venue. The raise comes as Google and Constellation Energy's 20-year power purchase agreement signals sustained corporate demand for nuclear generation.
Institutions gain an electronic venue to buy and sell uranium, rather than relying solely on private brokered trades. For the broader public, the deal signals that nuclear capacity tied to data-center demand is being financed and built out over the coming decade.
The takeaway
Electronic trading and corporate power contracts are both drawing capital into nuclear fuel and generation. Watch the 2028 reactor upgrade milestone as a near-term test of whether the Google and Constellation Energy deal delivers on schedule.
What happens next
The first reactor upgrade under the Google and Constellation Energy deal is expected in 2028, and the project is targeted for completion in the early 2030s.
Further reading
Explore more coverage in the Nuclear section for context on the uranium and nuclear power market.
Source note: This article includes information reported by TokenPost.
