Apr 28, 2022
WASHINGTON, D.C. - Pallas Ventures is excited to announce its recent investment in Zeno Power’s $20M Series A fundraising round. The start-up, founded in 2018, is building a clean, resilient, and reliable power source in the form of affordable, small-scale nuclear power technology.
This investment round was led by Tribe Capital and also included DCVC, 1517, and AIN Ventures.
In its quest to commercialize advanced nuclear technology, Zeno Power has produced a Radioisotope Power System (RPS) that provides a safe and long-term power source for defense and commercial capabilities in the harshest environments. Zeno Power’s CEO, Tyler Bernstein, said that venture funding will allow Zeno Power to “provide clean, plug-and-play power from the depths of our oceans to the furthest reaches of our solar system.”