Private EquityRIA · CRD 315357Private Fund Adviser

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Nucleation Capital

Nucleation Capital is a venture fund focused on investing into advanced nuclear and carbon management innovations to accelerate the transition away from fossil...

Nucleation Capital logo

Nucleation Capital

Nucleation Capital is a venture fund focused on investing into advanced nuclear and carbon management innovations to accelerate the transition away from fossil fuels. It offers Fund I for accredited and high net worth investors, Fund II for larger commitments, and a syndicate for deal-by-deal participation. The firm invests in advanced nuclear, carbon capture, and grid enhancement ventures.

General information

Firm type

Private Equity

Year founded

2020

Location

Region

North America

Country

United States

City

Menlo Park

Corporate office

Menlo Park, CA, United States

Principals

Valerie Gardner

Managing Partner & Founder

Rod Adams

Managing Partner

Jonathan Tiemann

CFO

Rick DeGolia

Managing Member

Sector focus

Advanced NuclearCarbon CaptureGrid EnhancementFusionIndustrial TechEnergy Transition & RenewablesClimateTech

Frequently asked questions

What does Nucleation Capital invest in?

The firm targets advanced nuclear fission and fusion, carbon capture and utilization, and grid-enhancement technologies. Portfolio companies include Aalo Atomics, Blykalla, Copenhagen Atomics, Deep Isolation, Radiant Nuclear, Zeno Power, Twelve, and Planetary Technologies. A full list is published on the firm's website.

How does Nucleation source its deals?

Deal flow draws from the deep industry networks of Managing Partners Rod Adams and Valerie Gardner — Adams through decades of Navy nuclear, startup and publishing experience via Atomic Insights, Gardner through Silicon Valley venture and investment-advisory relationships. The firm's syndicate structure also funnels opportunities from its investor network. Advisors spanning national labs, regulators and venture capital supplement origination.

Who runs investment decisions at Nucleation?

Valerie Gardner and Rod Adams are co-Managing Partners responsible for investment decisions. Gardner contributes venture-investment, fund-structuring and impact-investing experience; Adams provides nuclear-engineering, industry and technical due-diligence expertise. CFO Jonathan Tiemann, who co-founded the affiliated RIA with Gardner, oversees financial operations and investment strategy.

Does Nucleation participate in fund commitments or only direct deals?

Nucleation invests directly into private nuclear and carbon-innovation companies. The firm does not disclose making fund-of-fund commitments. Its syndicate offers selective direct co-investment opportunities, while Fund I and Fund II pool capital for diversified exposure to the same venture stage.

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