United States · Funded startup

Who invested in Princeton NuEnergy

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Chemicals & Materials

Raised 3 months ago

Funding summaryUpdated 26 Oct 2026

$50Mraised across 2 rounds since 2025, from 2 sources

Latest round
Grant, $50MAug 2026
Investors
3
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
?Venture$50MGrant
First round
Venture
Aug 2025
Biggest round
$50M
Grant · Aug 2026
Between rounds
12 months
from the last two

The rounds

  1. Aug 2026
    Grant$50M2 returning

    Source recorded

  2. Aug 2025
    VentureAmount undisclosed3 new

    Source recorded

Founders and team

From Princeton NuEnergy's own website and the SEC filings it signed: 2 founders, 5 on the team.

Dr. Chao YanCo-Founder and CEONamed on its 2023 Form D
Dr. Xiaofang YangCo-Founder and CTONamed on its 2023 Form D
  • Peng ZhaoChief Operating Officer
  • Stephen SnyderChief Strategy Officer
  • Shawn TurnerVP, Strategic Partnerships
  • Arsalan KhanMarketing Manager
  • Janet RobertsonDirector of Government Affairs and Communications

On the board, as filediJerry Wang

AdvisersCelina MikolajczakDavid R. HillDr. Bruce E. KoelH.P. GoldfieldJoseph ParkRichard HsuSean T. Walsh

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

US Department of EnergyGovernment2rounds
NJEDAVC firm2rounds

Missing a round, or an investor who was in one? Tell us.

Quick answers about Princeton NuEnergy

Who invested in Princeton NuEnergy?

Princeton NuEnergy's investors include US Department of Energy, NJEDA and Samsung Venture Investment.

How much has Princeton NuEnergy raised?

Princeton NuEnergy has raised $50M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

When did Princeton NuEnergy last raise?

Princeton NuEnergy's most recent round was a Grant of $50M in Aug 2026.

What was Princeton NuEnergy's biggest round?

Its most recent round, $50M in Aug 2026, is also its largest on record.

Who backed Princeton NuEnergy first?

Princeton NuEnergy's first round on record, in Aug 2025, was backed by US Department of Energy, Samsung Venture Investment and NJEDA.

What stage is Princeton NuEnergy at?

Princeton NuEnergy's latest named round is a Grant, in Aug 2026.

Where is Princeton NuEnergy based?

Princeton NuEnergy is based in the United States.

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