What is Project Omega?
Project Omega operates at the intersection of advanced materials science and national energy infrastructure. By developing sophisticated processes to recycle spent nuclear fuel, the company is actively rebuilding the domestic fuel cycle. This initiative is critical for supporting national defense missions, enhancing energy security, and fostering a cleaner environmental footprint. As a deep-tech entity, Project Omega addresses the complex challenges of nuclear waste by transforming liabilities into high-value energy assets, positioning itself as a cornerstone of the next generation of power generation technology.
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 Buckley Ventures, Mantis Venture Capital, Decisive Point, Slow, and Starship 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.
Starship Ventures
Starship Ventures supports contrarian deep tech founders who are transforming science fiction into reality across sectors including advanced materials, aerospace, and energy.
What's next for Project Omega?
The recent capital injection will likely be deployed toward accelerating the commercialization of Project Omega's recycling facilities and expanding its operational capacity. Given the strategic nature of this funding, the company is expected to deepen its engagement with federal stakeholders and energy partners to integrate its technology into the broader grid infrastructure. By focusing on the dual-use potential of its power sources, Project Omega is poised to transition from a development-stage innovator to a critical provider of resilient, long-duration energy solutions, setting a new standard for the nuclear sector's role in global sustainability.
See full Project Omega company page
