01
Mission
Driving the Future of Nuclear Energy
92 Capital is a specialized fund focusing on one of the most promising and fast-growing sectors in the global energy landscape: nuclear energy.
Our mission is to capitalize on the current tailwinds—regulatory support, public acceptance, technological advances, energy security—that are propelling nuclear energy into a new era.




02
WHO ARE WE?
Mads Steenberg
With over 30+ Years in investment banking, Mads brings critical expertise in financial structuring, capital markets, and strategic exits. Mads has a deep understanding of how to structure investments for maximum return while mitigating risk. Mads has held leadership roles as Executive Director at Goldman Sachs and Managing Director at Deutsche Bank
Contact: ms@92c.dk
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portfolio
Steady Energy
Finland
District and Industrial Heating
With a compelling commercial case, Steady Energy presents a breakthrough approach to decentralized, small-scale nuclear power. Each unit generates 50MW of zero-carbon thermal power. A few units could supply heat for a city as big as Helsinki or Stockholm.
In addition to our investment, we hold an option to invest at an expected significant discount, providing an attractive entry point for future value capture.
60m
Over 60 million Europeans rely on district heating to warm their homes

50MW
Each unit generates 50MW of zero-carbon thermal power. A few units can warm an entire medium sized city, whatever the weather.
Blykalla
Sweden
Swedish Advanced Lead Reactor (SEALER)
Swedish next-generation nuclear technology company, Blykalla is already raising its next funding round and has most recently secured a strategic €17.5M conditional investment from the EIC Accelerator Fund.
The strong traction around Blykalla positions 92 Capital at the forefront of its growth, offering an opportunity to maximize our expected returns.
1000 SMRs
The goal is to construct and deploy 1 000 SMRs. Together they will produce close to 500 TWh clean electricity annually.

55MW
The SEALER only takes up 5×5 meters. It has an output of 55MW and fuel residence time of 25 years.

04
Press
For press inquiries and interview requests, please reach out to our communications manager, Johan Christian Sollid.
Discover what’s happening at 92 Capital. Stay informed with the latest updates from our portfolio companies, exclusive founder stories, and in-depth perspectives on the future of tech, business, and innovation.
05
contact
Get in touch
Creating a cohesive and powerful network driving innovation, investment, impact, and growth in the nuclear sector through strategic alignment and cooperation.
We are in the process of creating this ecosystem, if you are an investor, founder, researcher, consultant, or someone looking to contribute to this initiative, please sign up for the updates or contact us.
If you are a founder with a great idea and a strong team, we would love to hear from you. We are always looking for new opportunities to invest in and support.
If you are a Denmark-based investor, please reach out to understand the fund terms and investment opportunities. For all other investors, please contact us to learn when investment opportunities will become available to you.