Companies · Other Energy

Deep Fission, Inc.

BERKELEY · Other Energy

Diligence memoA one-page analyst read on Deep Fission, Inc. — recommendation, valuation, rhythm, risks.
$230.0M
Total raised · real
3
Rounds
0.7×
Latest step-up
Top 3%
Sector rank · raised
Series D+
Latest stage · inferred · Thu Feb 05 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Deep Fission, Inc. looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the energy sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.51× the median modeled value of Series D+ Other Energy companies in 2025–2027 (7 peers) — value vs value, same stage and era.
Active
  • Last raise 5 mo ago; this sector typically re-raises about every 12 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Energy

Deep Fission, Inc. is one of 2048 Other Energy companies tracked from BERKELEY. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
223
Investors (latest)
2021
Year incorporated
2026-02-05
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries B · 2025-09-05 Raised $30M (real) Modeled valuation $126M (est)$30M$126MSeries B2025Series D+ · 2025-09-05 Raised $120M (real) Modeled valuation $874M (est)$120M$874MSeries D+2025Series D+ · 2026-02-05 Raised $80M (real) Modeled valuation $560M (est)$80M$560MSeries D+2026+$120M+$80MCumulative $230M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$30.0M · 2025
Series D+$120.0M · 2025no Series C on file
Series D+ extension$80.0M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$559.6M
Base estimate est.
$430.7M
Conservative case
$647.7M
Upside case
$666.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series B · modeled $126.4M · 2025-09-052025Series D+ · modeled $874.3M · 2025-09-05Series D+ · modeled $559.6M · 2026-02-052026
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
81%
Survival probability
65% low · 89% high
1.10×/yr
Annual markup
1.24×/yr upside case
0.4 yr
Elapsed time used
0.4 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$549.1M/yr
Capital velocity
0.8 yr
On record since
2025
First round
3
Rounds on file
How it compares to the market

Benchmarked against 2048 companies in Other Energy. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 67× above median
This company$230.0M
Sector median$3.4M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.8× of median
This company$80.0M
Sector median$105.3M
Modeled value — vs sector median (estimate, all stages) 33× above median
This company$559.6M
Sector median$17.0M

Raised more than 98% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 7.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Houston American Energy Corp · Series D+ Raised $331.0M · modeled $2.5B (est)Radiant Industries, Inc · Series D+ Raised $488.2M · modeled $1.9B (est)Foundry-Logic, Inc. · Series D+ Raised $166.5M · modeled $1.2B (est)ZOOZ Power Ltd. · Series D+ Raised $156.0M · modeled $1.1B (est)Chevron Phillips Chemical Co Lp · Series D+ Raised $107.5M · modeled $723.6M (est)Tendril Holdings, LLC · Series D+ Raised $246.3M · modeled $442.8M (est)Deep Fission, Inc. (this company) Raised $230.0M · modeled $559.6M (est)Deep Fission, Inc.
CompanyStageRaised · realValue · estvs peer med.
Houston American Energy CorpSeries D+$331.0M$2.5B2.24×
Radiant Industries, IncSeries D+$488.2M$1.9B1.74×
Foundry-Logic, Inc.Series D+$166.5M$1.2B1.09×
ZOOZ Power Ltd.Series D+$156.0M$1.1B1.00×
Chevron Phillips Chemical Co LpSeries D+$107.5M$723.6M0.66×
Deep Fission, Inc. this companySeries D+$230.0M$559.6M0.51×
Tendril Holdings, LLCSeries D+$246.3M$442.8M0.40×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$30.0M2025-09-05$166.7M$126.4M90%
Series D+$120.0M2025-09-05$1.0B$874.3M90%
Series D+$80.0M2026-02-05$666.7M$559.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$30.0M2025-09-05
    • First recorded raise — entered as Series B.
    • 100 investors on this round.
  2. Series D+$120.0M2025-09-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.0× larger than the prior — scaling up.
    • 83 investors on this round.
  3. Series D+$80.0M2026-02-05
    • Came back fast: 5 mo vs the ~12 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 223 investors on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~3mo cadence
$80.0M
Modeled next size est.range $80.0M$128.0M
0.7×
Last step-up
$549.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Thomas S. Glanville2 other2026-02
Blake S. Janover2026-02
Elizabeth A. Muller2025-09
Jonathon S. Angell2026-02
Jon S. Gordon2026-02
Leslie S. Goldman Tepper2026-02
Michael S. Brasel2026-02
Richard A. Muller2025-09
William Mark Schmitz2025-09
Registry & provenance

Deep Fission, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1918102
SEC CIK
2021
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Harvest Power, Inc.Other EnergySeries D+$220.7M$72.3Msame sector · same stage
Tendril Holdings, LLCOther EnergySeries D+$246.3M$442.8Msame sector · same stage
Ample, Inc.Other EnergySeries D+$255.3M$317.8Msame sector · same stage
Beamreach Solar, Inc.Other EnergySeries D+$199.9M$97.1Msame sector · same stage
Alternate Energy Holdings, Inc.Other EnergySeries D+$151.4M$1.0Bsame sector · same stage
Stion CorpOther EnergySeries D+$145.2M$301.3Msame sector · same stage
Gradient Resources Inc.Other EnergySeries D+$388.8M$120.5Msame sector · same stage
Koloma, Inc.Other EnergySeries D+$394.5M$421.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Deep Isolation Nuclear, Inc.EnergySeries B$142.5M87%
Deep Isolation, Inc.Other EnergySeries B$226.9M86%
Premier Uranium, Inc.Other EnergySeries A$72.5M85%
X Energy Reactor Company, LLCOther EnergySeed$20.6M85%
Fission 3.0 Corp.OtherSeed$3.0M85%
Atom Power, Inc.Other EnergySeries D+$1.1B84%
Cosmic Shielding CorpOther EnergyPre-Seed$12.1M84%
Bedrock Energy, Inc.Other EnergySeries A$33.9M84%
Frequently asked
How much funding has Deep Fission, Inc. raised?
Deep Fission, Inc. has raised approximately $230.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Deep Fission, Inc.'s estimated valuation?
Provath's modeled valuation for Deep Fission, Inc. is approximately $559.6M (modeled range $430.7M–$647.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Deep Fission, Inc. at?
Deep Fission, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Thu Feb 05.
What does Deep Fission, Inc. do and where is it based?
Deep Fission, Inc. operates in the Other Energy sector, based in BERKELEY.
Explore related

See where Deep Fission, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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