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TerraPower

Series D

TerraPower is a nuclear innovation company that designs and builds advanced nuclear reactors for clean energy generation. Its flagship Natrium reactor uses liquid sodium metal cooling and molten salt energy storage to deliver 345 MW of scalable power—enough for 400,000 homes—with the ability to ramp to 500 MW in minutes. The Natrium plant operates at low pressure for enhanced safety and requires approximately 50%…

Energy · Nuclear Energy, · Bellevue, United States · EST 2006

About

TerraPower is a nuclear innovation company that designs and builds advanced nuclear reactors for clean energy generation. Its flagship Natrium reactor uses liquid sodium metal cooling and molten salt energy storage to deliver 345 MW of scalable power—enough for 400,000 homes—with the ability to ramp to 500 MW in minutes. The Natrium plant operates at low pressure for enhanced safety and requires approximately 50% less safety-related concrete and steel than conventional designs. The first Natrium plant is under construction in Wyoming. TerraPower also develops next-generation medical isotopes for precision cancer treatment through its TP Isotopes division. Founded in 2006 and headquartered in Bellevue, Washington, the company has raised over $1.5 billion at the Series D stage, backed by investors including the U.S. Department of Energy, Khosla Ventures, CRV, ArcelorMittal, SK, NVentures, and Hd-Hyundai. With over 1,000 employees, TerraPower is advancing both nuclear energy and nuclear medicine to address surging global energy demand and healthcare needs.

Business model

Nuclear Energy > Hardware Developer > Reactors > Nuclear Fission > Liquid Metal > Sodium

Founders & team highlights

Founder with Prior Funding,

Founder with Prior IPO,

Serial Founder

Team background

Company Wise > Microsoft,

Top Rated Teams > Serial Entrepreneur, Ex-VC Founders,

College Wise > Harvard University

Institutional investors

DOECRVKhosla VenturesArcelorMittalSKSK InnovationHDKSOENVenturesHd-HyundaiIntellectual VenturesISF Incubator

Latest coverage

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