PANews|Nov 05, 2026 14:21
[Uranium Digital Raises $16.5 Million in Series A Funding to Bring Uranium Trading to the Blockchain] According to Fortune magazine, New York-based startup Uranium Digital 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, which closed last month, will be used to expand its electronic trading platform. Founded in 2024, Uranium Digital aims to track ownership of physical uranium in storage facilities using blockchain technology and provide institutions with a platform for buying and selling uranium. The company hopes to shift uranium trading from traditional broker-driven quotes, email contracts, and offline warehousing and delivery to electronic transactions. Previously, the company completed a $6.1 million seed funding round in 2025.
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