# Segra Capital

> Segra Capital is a VC fund in Dallas backing Nuclear and Energy. See 9 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dallas, United States
- Total investments: 9
- Last investment: Feb 2026
- Lead investor: 11%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/segra-capital-management-llc/ 
- Website: https://www.segracapital.com/

Segra Capital is a hedge fund that focuses on thematic investments in the emerging and under-followed markets. The firm is headquartered in Dallas, Texas, United States.

## Contacts

5 contacts available for Segra Capital. Shizune tracks 1 team members at Segra Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/segra-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Nuclear | 5 | 56% |
| Energy | 3 | 33% |
| Renewable Energy | 3 | 33% |
| Clean Energy | 2 | 22% |
| Environmental Engineering | 2 | 22% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 11% |
| Series C | 1 | 11% |
| Series D | 1 | 11% |
| Series E | 1 | 11% |
| Funding Round | 1 | 11% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 4 | 44% |
| Canada | 1 | 11% |
| Sweden | 1 | 11% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Adam Rodman | Founder/Chief Investment Officer | 2 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Alva Energy | Alva Energy specializes in nuclear plant upgrades called "uprates" to boost clean power output from existing U.S. reactors. It standardizes complex retrofits into repeatable, turnkey projects for faster and cheaper deployment. | $33M | Series A | Feb 12, 2026 |  |
| Studsvik | Studsvik offers a range of advanced technical services to the international nuclear power industry. |  | Post-IPO Secondary | Jan 08, 2026 |  |
| X-energy | X-Energy is a nuclear reactor and fuel design engineering company that develops Generation IV, high-temperature gas-cooled small modular reactors (SMRs) together with proprietary TRISO-X particle fuel. Their flagship reactor, the Xe-100, delivers about 80 MWe per unit and can be scaled in modular “packs” to reach higher output. X-Energy also buildsits own TRISO-X fuel to maintain supply control and quality. In addition, the company operates a plant support center to provide fleet monitoring, maintenance planning, training, and diagnostics for its reactor customers. | $700M | Series D | Nov 24, 2025 |  |
| General Fusion | General Fusion pursues a commercially oriented path toward fusion energy by developing a magnetized target fusion (MTF) technology. The company applies advances in plasma physics, modern electronics, materials, and compression mechanisms to generate fusion-relevant conditions. It operates a demonstration system, Lawson Machine 26 (LM26), thatinjects magnetized plasma into a liquid metal liner and compresses it using coordinated mechanical pistons to reach high temperatures and pressures. The technology serves as a practical stepping stone toward building a fusion demonstration facility and ultimately delivering fusion-derived electricity to the grid. The approach focuses on closing the gap between demonstration milestones and a deployable power-plant system. | $21.6M | Venture - Series Unknown | Aug 21, 2025 |  |
| Deep Isolation | Nuclear power contributes over 10% of the world’s power needs. From the 500 reactors built around the world, the growing inventory of nuclear waste is over 450,000 metric tons and is increasing by ~12,000 tons each year. In the US, there is currently ~$40 Billion in the Nuclear Waste Fund, with no active program to dispose of the 80,000 tons ofnuclear waste. Many countries are actively seeking new options as no country anywhere in the world has ever disposed of high-level waste or spent nuclear fuel. A new approach is needed.Nuclear waste disposal is a $500 billion worldwide market.Deep Isolation is the first private company to offer a solution to dispose of nuclear waste in safe, permanent deep geologic repositories. A solution that is proven, demonstrated and primed to disrupt and dominate in this untapped market. Deep Isolation combines scientific and nuclear expertise with sophisticated stakeholder engagement skills to work alongside communities to design and deliver an equitable and environmentally protective solution. | $33M |  | Jul 23, 2025 |  |
| X-energy | X-Energy is a nuclear reactor and fuel design engineering company that develops Generation IV, high-temperature gas-cooled small modular reactors (SMRs) together with proprietary TRISO-X particle fuel. Their flagship reactor, the Xe-100, delivers about 80 MWe per unit and can be scaled in modular “packs” to reach higher output. X-Energy also buildsits own TRISO-X fuel to maintain supply control and quality. In addition, the company operates a plant support center to provide fleet monitoring, maintenance planning, training, and diagnostics for its reactor customers. | $700M | Series C | Oct 16, 2024 |  |
| X-energy | X-Energy is a nuclear reactor and fuel design engineering company that develops Generation IV, high-temperature gas-cooled small modular reactors (SMRs) together with proprietary TRISO-X particle fuel. Their flagship reactor, the Xe-100, delivers about 80 MWe per unit and can be scaled in modular “packs” to reach higher output. X-Energy also buildsits own TRISO-X fuel to maintain supply control and quality. In addition, the company operates a plant support center to provide fleet monitoring, maintenance planning, training, and diagnostics for its reactor customers. | $235M | Series C | Dec 05, 2023 |  |
| NuScale Power | NuScale has developed a small nuclear power system that is safe, modular and scalable. The technology was borne of research by leading nuclear scientists with the support of the U.S. government. The design of the NuScale power plant builds on hundreds of combined years of operating experience with commercial light water reactors along withextensive research and laboratory testing of advanced safety systems. | $235M | Post-IPO Equity | May 02, 2022 |  |
| General Fusion | General Fusion pursues a commercially oriented path toward fusion energy by developing a magnetized target fusion (MTF) technology. The company applies advances in plasma physics, modern electronics, materials, and compression mechanisms to generate fusion-relevant conditions. It operates a demonstration system, Lawson Machine 26 (LM26), thatinjects magnetized plasma into a liquid metal liner and compresses it using coordinated mechanical pistons to reach high temperatures and pressures. The technology serves as a practical stepping stone toward building a fusion demonstration facility and ultimately delivering fusion-derived electricity to the grid. The approach focuses on closing the gap between demonstration milestones and a deployable power-plant system. | $129.9M | Series E | Nov 30, 2021 |  |

9 of 9 investments shown.

## Co-investors
- NGP Energy Capital Management — VC Fund, 4 deals together
- [Ares Management](https://shizune.co/investors/profile/ares-management) — VC Fund, 3 deals together
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 2 deals together
- [Emerson Collective](https://shizune.co/investors/profile/emerson-collective) — VC Fund, 2 deals together
- [Jameel Investment Management Company](https://shizune.co/investors/profile/jameel-investment-management-company) — VC Fund, 2 deals together
- [Jane Street Capital](https://shizune.co/investors/profile/jane-street-capital) — VC Fund, 2 deals together

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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Segra Capital invest in?

Segra Capital invests primarily in Nuclear, Energy and Renewable Energy startups, most often at Series A and Series C stage. Most of the 9 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Segra Capital?

Public channels for Segra Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Segra Capital?

The team at Segra Capital includes Adam Rodman (Founder/Chief Investment Officer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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