A Danish company is aiming to build smaller, safe nuclear reactors based on thorium and molten salt, after securing funding in its first pre-seed investment round.
Copenhagen-based Seaborg Technologies, which is developing thorium-based Molten Salt Reactors (MSRs), has received funding from an investment coalition led by Danish innovation incubator PreSeed Ventures.
The company hopes the funding will accelerate development of its CUBE (Compact Used fuel BurnEr) reactor concept.
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