What is Project Omega?
Project Omega operates at the intersection of deep tech and energy security, specializing in the sophisticated recycling of spent nuclear fuel. By re-processing waste into viable energy assets, the company is effectively rebuilding the domestic fuel cycle. This technical capability addresses two critical market needs: the requirement for reliable, long-duration power and the necessity for a cleaner, more resilient environmental footprint. As the firm scales, it is positioning itself as a cornerstone of the modern energy transition, providing essential materials that support both commercial energy grids and strategic national defense missions.
How much funding has Project Omega raised?
Project Omega has raised a total of $12M across 1 funding round:
Seed
$12M
Seed (2026): $12M with participation from Mantis Venture Capital, Decisive Point, Slow, Starship Ventures, and Buckley Ventures
Key Investors in Project Omega
Mantis Venture Capital
Mantis VC is an early-stage venture fund that partners with The Chainsmokers to invest in innovative startups across diverse sectors including fintech, healthcare, and AI.
Decisive Point
Decisive Point is a venture capital firm that invests in dual-use technology startups, focusing on critical sectors such as defense, energy, and infrastructure.
Slow
Slow is a San Francisco-based venture capital firm that makes minority investments across seed, early, and later-stage companies.
What's next for Project Omega?
With this major enterprise-level funding, Project Omega is poised to transition from its foundational research phase into a period of rapid operational scaling. The strategic roadmap includes expanding its proprietary recycling infrastructure and strengthening its partnerships within the defense and energy sectors. By leveraging the expertise of its high-profile backers, the company aims to solidify its market position as a leader in nuclear sustainability. Future growth will likely focus on regulatory navigation, facility expansion, and the commercialization of its recycled fuel products, ensuring that the firm remains at the forefront of the global effort to secure energy independence through innovative, closed-loop nuclear technologies.
See full Project Omega company page
