TerraPower logo — company profile

TerraPower

Founded 2006 United States Bellevue, United States 887 employees Series Unknown Total: $1.41B Energy, Clean Energy

General Information

Company Name TerraPower
Founded Year 2006
Location United States Bellevue, United States +1
Employees 887
Industries Energy, Clean Energy
Funding Stage Series Unknown
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About TerraPower

TerraPower, founded in 2006, is a prominent entity in the Clean Energy sector, particularly focusing on nuclear innovation. The company is headquartered in the United States and strives to revolutionize the energy landscape by developing advanced nuclear technologies aimed at providing safe, abundant carbon-free energy. This approach not only seeks to meet rising electricity demands but also mitigates climate change impacts and addresses global poverty.

Founded by visionary Bill Gates and a cadre of like-minded innovators, TerraPower leverages the latest advancements in technology and computing to create solutions that were previously unimaginable. Their efforts extend beyond energy, impacting medical fields by devising processes to extract radioisotopes for use in cancer treatments, thus contributing to human health.

The company's after recent investment round on 18 June 2025, secured a substantial $650.00M from backers including nVentures, Hyundai Heavy Industries Holdings, HD Hyundai, and Bill Gates. This funding is a testament to the confidence in TerraPower's mission-driven innovation and its potential for significant industry impact.

Taxonomy: nuclear energy, technology company, sustainable energy, energy research, energy development, advanced nuclear technology, export control, nuclear fast reactors, TerraPower technology, global development, economic development, US Government regulations, talent acquisition, nuclear waste conversion, proliferation risks

Services & Products

Natrium reactor development and deployment
Energy storage solutions using molten salt
Innovative nuclear plant construction
Development of next-generation isotopes

Target Customers

Energy Utilities Industrial Clients for Decarbonization Healthcare Providers using Medical Isotopes Government Energy Departments

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 4
Investor
•••• ••••
18 Jun 2025
Series A •••••• 3
Investor Investor
•••• ••••
15 Aug 2022
Grant •••••• 1 •••• •••• 10 Mar 2022
Series A •••••• 1
Investor
01 Dec 2008
Venture Round •••••• 2
Investor
•••• ••••
01 Jan 2008

TerraPower Alternatives & Competitors

TerraPower vs
MoltexFLEX
MoltexFLEX United Kingdom

Developer of the FLEX reactor: a nuclear reactor that can meet the global demand for clean, low-cost...

Grant
16 employees
Energy, Clean Energy
TerraPower vs

Better Batteries, Better World!

Series B
31 employees
Information Technology, Manufacturing

FAQ About TerraPower

TerraPower is a leading nuclear innovation company that strives to improve the world through nuclear energy and science. TerraPower’s innovators create technologies to provide safe, affordable and abundant carbon-free energy. They devise ways to use heat and electricity to drive economic growth whil...
TerraPower was founded in 2006.
TerraPower is headquartered in Bellevue, United States.
TerraPower operates in the following industries: Energy, Clean Energy.
TerraPower has approximately 887 employees.
TerraPower has completed 5 funding rounds, raising a total of $1.41B. The latest funding stage is Series Unknown.
TerraPower offers: Natrium reactor development and deployment, Energy storage solutions using molten salt, Innovative nuclear plant construction, Development of next-generation isotopes.
Top alternatives and competitors to TerraPower include MoltexFLEX, Advanced Battery Concepts. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TerraPower and MoltexFLEX are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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