TerraPower
Latest round
- Series B
Last raised
- Jun 2010
Total raised
- $35M
Investors
- 2
About TerraPower
TerraPower, LLC specializes in the development of advanced nuclear technology, focusing on sustainable and innovative energy solutions such as the Natrium Reactor, aimed at enhancing electricity generation efficiency. Founded in 2006 in Washington, US, TerraPower, LLC develops next-generation nuclear power systems.TerraPower primarily offers the Natrium Reactor, a next-generation nuclear power plant currently under construction in Wyoming. This innovative facility employs advanced molten salt energy storage systems to provide a stable electricity supply, particularly when renewable energy sources are not generating power. The Natrium technology is designed to operate at low pressure, utilizing liquid metal heat transfer for enhanced safety and efficiency compared to traditional nuclear plants. Its unique two-island construction separates the nuclear and non-nuclear sections, allowing for greater flexibility in energy production while reducing overall operational costs.TerraPower's revenue is derived primarily from partnerships and direct contracts related to the construction and operation of its Natrium Reactor. These transactions typically involve agreements with utility providers and government entities that require advancements in nuclear and renewable energy technologies. The company engages in long-term agreements that may include performance-based pricing models, aligning costs with operational efficiency and energy output. The company is focused on enhancing its Natrium Reactor technology and aims to expand its presence in North America and potentially into international markets.
Who invested in TerraPower
2 investors across 2 rounds
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Questions about TerraPower
Who invested in TerraPower?
TerraPower has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TerraPower raised?
TerraPower has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did TerraPower last raise money?
TerraPower's most recent round on record is a Series B, in Jun 2010.
What does TerraPower do?
TerraPower, LLC specializes in the development of advanced nuclear technology, focusing on sustainable and innovative energy solutions such as the Natrium Reactor, aimed at enhancing electricity generation efficiency.
Where is TerraPower headquartered?
TerraPower is headquartered in Bellevue, US.
Which VCs invest in companies like TerraPower?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at TerraPower's stage. Their profiles are linked below.
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