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HEXANA
HEXANA develops innovative and modular fourth-generation nuclear SMR technology
About HEXANA
HEXANA is an energy-focused deep-tech firm, spun-off from the French Atomic Energy and Alternative Energies Commission (CEA), that is developing a modular energy platform. Founded in 2023 by Sylvain Nizou (CEO) and Paul Gauthe, the company is headquartered in Aix-en-Provence, France. HEXANA is addressing the decarbonization needs of heavy industries by developing 4th generation Small Modular Reactors (SMRs).
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The company's core product is an integrated system that combines sodium-cooled fast neutron reactors (SFRs) with a thermal energy storage unit. This design builds upon decades of French expertise and projects like Phénix, Superphénix, and ASTRID. The platform features a modular design, typically with two 400 MWth reactors, which can be scaled up to six modules. A key feature is the thermal storage system, which allows the reactors to operate at a constant power level while providing a flexible output of high-temperature heat (up to 500°C) and electricity. This flexibility enables it to support industrial processes, produce hydrogen and synthetic fuels, or supply electricity to the grid to capture peak prices.
HEXANA's business model centers on providing a turnkey energy solution for industrial clients in hard-to-abate sectors. The company aims to commercialize its platform by 2035. A significant aspect of its strategy is the upcycling of spent nuclear fuel, which reduces reliance on imported uranium and contributes to closing the nuclear fuel cycle. To accelerate development, HEXANA has formed strategic partnerships with industrial players like Groupe M and consulting firms such as Capgemini to refine its business model and industrialization strategy. The company has secured significant financing, including a €27 million package comprised of equity investment and a grant from Bpifrance under the France 2030 initiative. This funding is directed towards finalizing the reactor's conceptual design and submitting the Safety Options File to the French Nuclear Safety Authority.
At a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- Aix-en-Provence, France
- Employees
- 85
- Open positions
- 6
- Dealroom signal
- 92.0/100
- Sub-industry
- Clean Energy, Energy Providers, Energy Storage
- Sector
- Energy, Spinout, Sustainable Development Goals, Nuclear Fission, Climate Tech, Novel Energy, Energy and Greentech, Observatoire Deeptech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Jan 2025 | $11M | — | Bpifrance | ↗ |
| SEED✓Equity / VC | Jan 2025 | $17M | $66M | Région Sud Investissement · Eren Groupe · Blast. Club · CEA Investissement | ↗ |
Growth signals
Latest recorded traffic for HEXANA is 2.9K monthly website visits, down 56.1% over the last three months. HEXANA's team grew 269.6% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Bpifrance
Région Sud Investissement
Eren Groupe
Blast. Club
CEA Investissement
Other known investors1 additional known investor
French Alternative Energies and Atomic Energy Commission - CEA
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about HEXANA on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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