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TerraPower
L0 · Energy & Power
nuclear/SMRstartupprivategrowth
TerraPower, founded and backed by Bill Gates, develops the Natrium sodium-cooled fast reactor and molten salt energy storage for utility-scale carbon-free power. Its first Natrium reactor is under construction in Wyoming.
Ecosystem functionA Gates-and-Nvidia-backed advanced reactor developer distinguished by pairing nuclear generation with integrated molten-salt thermal storage for grid flexibility.
Business modelSells reactor technology and storage systems
Revenue—
Valuation$3.8Breported
Last round$650Mled by NVentures · 2025
Sources · 5 ↓
- https://www.investing.com/news/company-news/terrapower-gatesbacked-nuclear-firm-raises-650-million-in-funding-93CH-4101580
- https://www.ipo.club/deals/terrapower
- https://www.terrapower.com/
- https://www.reuters.com/sustainability/climate-energy/time-go-nuclear-inside-battle-power-ai--ecmii-2025-12-17/
- https://www.terrapower.com/terrapower-announces-650-million-fundraise
Suggest an editLast verified 2026-07-26