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Uranium Digital Completes $16.5M Series A Funding, Led by Blockchain Capital

Odaily reports: New York-based startup Uranium Digital has announced the completion of a $16.5 million Series A funding round, led by Blockchain Capital, with participation from existing investors Portal Ventures and Apeiron Investment Group. The round closed last month, and the funds will be used to expand its electronic trading platform.

Founded in 2024, Uranium Digital aims to track ownership of physical uranium in storage facilities via blockchain and provide institutions with a platform for buying and selling uranium. The company hopes to shift uranium trading from the traditional model of broker price inquiries, email-based contracting, and offline warehouse delivery to electronic trading. The company previously completed a $6.1 million seed round in 2025. As AI data centers drive growing energy demand, the nuclear power and uranium fuel markets are attracting increased attention. (Fortune)