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TerraPower

terrapower.com ↗

PROCESS SCHEMATIC · NUCLEAR / GEN IV / NATRIUM LIVE

Founded: 2006
Raised: $1.4B
HQ: BELLEVUE, WA
Layer: MANUFACTURING

345MWe Natrium reactor developer, backed by Bill Gates.

Funding history

RoundAmountDateLead

Equity fundraise$750M2022-08SK Inc., SK Innovation, and Bill Gates

Growth$650M2025-06NVentures (NVIDIA), Bill Gates, HD Hyundai

Upstream: HALEU fuel (Centrus Energy)

Downstream: utilities

Related: General Matter Standard Nuclear Deep Fission Marathon Fusion

Sources

TerraPower Announces $650 Million Fundraise ↗NRC Issues Construction Permit for TerraPower's Natrium Advanced Reactor — DOE ↗TerraPower's Kemmerer 1 Enters Construction — POWER Magazine ↗TerraPower Announces $750 Million Secured in Fundraise (TerraPower) ↗