Diligence memo · auto-generated · as of July 2, 2026
Nuclear Fuels Inc.
Nuclear Fuels Inc. has raised $5.4M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Nuclear Fuels Inc. operates in Energy, based in VANCOUVER.
Sub-sector tags: energy.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nuclear Fuels Inc. has raised $5.4M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.4M on 2023-07-07.
Most recent recorded round closed around 2024-11-20.
Valuation (modeled)modeled
Provath models Nuclear Fuels Inc. at approximately $4.6M (range $1.2M–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 19 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round was 1.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 75% of Energy peers (69 compared).
Modeled value ranks above 64% of those peers.
Closest niche peers: Octavia Carbon, Nano Nuclear Energy Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.