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TerraPower Announces $650 Million Fundraise - Business Wire BELLEVUE, Wash --(BUSINESS WIRE)--TerraPower, a leading nuclear innovation company, announced today the close of a $650 million fundraise This fundraise was comprised of both new investors
Bill Gates-backed TerraPower rakes in $650m to build first . . . TerraPower’s $650 million raise—backed by both industrial and technology capital—cements its leadership in the advanced nuclear segment As construction progresses in Wyoming and fuel strategies mature, the company stands poised to translate over a decade of R D into an operational reality
TerraPower closes $650M from Nvidia and Bill Gates - Axios How it works: TerraPower's Natrium reactor design uses liquid sodium as a coolant instead of water, which the company says lowers costs The big picture: Planned global small nuclear reactors expanded 42% in the first quarter of this year to 47 gigawatts, according to a recent report from Wood Mackenzie
Advanced nuclear developer TerraPower closes $650m fundraise . . . Advanced nuclear reactor firm TerraPower has closed a $650 million fundraising round, with backing from Nvidia’s venture capital arm, NVentures The company, which is developing an advanced nuclear reactor paired with a gigawatt-scale energy storage system, known as the Natrium reactor, also received backing from founder Bill Gates and HD
Nvidia Invests in Bill Gates’ TerraPower, Which Closes $650M . . . TerraPower, the nuclear energy company founded by Bill Gates, has secured a major $650 million investment to advance its Natrium reactor This funding round included support from Nvidia’s NVentures, Bill Gates, and HD Hyundai It brings TerraPower’s private financing to over $1 4 billion