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Investing.com -- The ARK Venture Fund recently announced its investment in Radiant Nuclear’s Series C fundraising round. Radiant Industries, Inc. is currently developing an advanced nuclear microreactor, known as the Kaleidos, which is designed to serve as an alternative to fossil fuels, particularly diesel generators.
Radiant Industries’ microreactor is intended for both military and commercial use. The company’s plan is to mass-produce the Kaleidos microreactor in a factory setting. The design of the microreactor allows it to fit within a shipping container, enabling it to be transported by air, sea, or road to its intended location.
For American self-directed investors, the ARK Venture Fund is accessible through the SoFi (NASDAQ:SOFI) app. With a minimum investment of $500, investors can build a portfolio of both private and public companies. SoFi provides its members with the option to invest either through a standard brokerage account, or a Traditional or Roth Individual Retirement Account (IRA).
The ARK Venture Fund is not exclusive to SoFi, it is also available to unaccredited investors on Titan, a platform exclusive to its members that focuses on wealth management.
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