Last Energy

Washington, United States Founded: 2019 • Age: 7 yrs
Developer of small modular reactor

About Last Energy

Last Energy is an Energy & Utilities company based in Washington (United States) founded in 2019. It operates as a developer of small modular reactor. Last Energy has raised $164 million across 4 funding rounds from investors including Gigafund, Autodesk and Quiet Capital. Its chief executive is Bret Kugelmass. Its website lastenergy.com draws about 25 thousand monthly visits. Last Energy offers products and services including PWR-20 and Full-Service Delivery Model. Its focus areas include Energy, Nuclear Energy, Hardware Developer and Reactors. Its legal entity is LASTA ENERGY, s.r.o. Its competitors include TerraPower, Newcleo, NuScale Power, Oklo and X Energy and 5 more; 8 of its 10 listed competitors have raised funding.

Company details

Last Energy offers PWR-20, Full-Service Delivery Model while focusing on working in the energy sector, nuclear energy, hardware developer, reactors, nuclear fission, and small modular reactor. Developer of small modular reactor. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs.

  • Headquarters Washington, United States
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website lastenergy.com
  • Social LinkedIn X YouTube
  • Legal Name Lasta Energy, S.R.O.
Key Metrics
  • Total Equity Funding
    $164M (USD)

    in 4 rounds

  • Latest Funding Round
    $100M (USD), Series C

    Dec 2025

  • Investors
    Gigafund

    & 13 more

Products & Services of Last Energy

Last Energy offers a comprehensive portfolio of products and services, including PWR-20 and Full-Service Delivery Model.

PWR-20
Nuclear Reactor

Modular reactor providing reliable baseload power for industrial decarbonization.

Full-Service Delivery Model
Energy Provision

Comprehensive service for nuclear energy from design to operations.

Apps and channels of Last Energy

its YouTube channel Last Energy has 2.3K subscribers and 30 videos.

Last Energy
YouTube 2.3K subscribers 30 videos Science & Technology
Open channel

Videos from Last Energy

The most watched videos on Last Energy's YouTube channel, Last Energy (2.3K subscribers). Click a video to play it here.

Pulse of Progress - Last Energy 2023
24.2K views
Bret Kugelmass Interview on BBC News
11.1K views
How does Last Energy's PWR-20 scale with growing energy demand?
2.7K views
How does Last Energy utilize PPAs to align incentives & deliver on time and on budget?
2.6K views

More on Last Energy.

Funding Insights of Last Energy

Last Energy has successfully raised a total of $164M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $164M
  • Total Rounds 4
  • Last Round Series C β€” $100M
  • First Round $3M

    (Jun 2019)

  • Investors Count 14

All 4 funding rounds of Last Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2025$100MSeries C–Astera
Aug 2024$40MSeries B–Gigafund, Autodesk
–
Jun 2021$21MSeries A–Gigafund
Jun 2019$3MSeed–First Round Capital
Valuation history

14 investors in total: 13 institutional and 1 angel.

Investors in Last Energy

Last Energy has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Gigafund, Autodesk and Quiet Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in multiple sectors
–gigafund.comAustin, United States
-
–autodesk.org-
Investments are managed by Quiet Capital in New York.
–quiet.comNew York, United States
Family office of Aegerter family
–armada.comKusnacht, Switzerland
US focused seed and early-stage VC firm
–firstround.comSan Francisco, United States
Early-stage investments are focused on by Floodgate in US startups.
–floodgate.comMenlo Park, United States
-
–aeroequity.com-
Technology sectors are invested in by this venture capital firm.
–wooricapital.co.kr-
-
–ultranative.com-
Venture capital fund investing in multiple sectors
–jamfund.com-
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Investor details for Last Energy

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People of Last Energy

14 people are tracked at Last Energy (10 in leadership, 4 in team).

NameRoleGroup
Bret Kugelmass
CEOLeadership
Chris Dravers
VP CommercialLeadership
Kristin Meister
General Counsel & Chief Compliance OfficerLeadership
Beth May
Director Of Research And DevelopmentLeadership
Robert Sedgman
UK Development DirectorLeadership
Olivia Columbus
Chief Of StaffLeadership
Adam Lenarz
Vp, DevelopmentLeadership
Michael Jenner
Ceo, Last Energy UKLeadership
Jonathan K.
Vice President Of TalentLeadership
Liam Sefchick
Head Of Legal OperationsLeadership
Jackson Miller
R&d Operations EngineerTeam
Jessica Fontaine
Senior Associate & Operations Manager, Licensing & CommercialTeam
Robert Boswall
Commercial, Development, & LicensingTeam
Anton van Saase
General CounselTeam
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Timeline of Last Energy

3 dated milestones of Last Energy across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Last Energy is founded.
  2. Funding First funding round of $3.0M.
  3. Funding Latest funding round, Series C, of $100.0M.

Competitors of Last Energy

Last Energy has 10 listed competitors in our database, 8 of them funded. They include TerraPower, Newcleo, NuScale Power, Oklo and X Energy, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
terrapower.com2006Bellevue, United States$1.46B299
Advanced nuclear reactors are designed for low-carbon energy solutions.
newcleo.com2021London, United Kingdom$842.85M–
Advanced nuclear reactors are designed, built, and operated by Newcleo.
nuscalepower.com2007Portland, United States$198.15M540
Micro modular nuclear reactors are developed for scalable power generation.
oklo.com2013Sunnyvale, United States$120,0002
Small modular reactors are developed for advanced nuclear energy solutions.
x-energy.com2010Greenbelt, United States$829.68M246
Small modular and high-temperature gas-cooled nuclear reactors are developed.
westinghousenuclear.com1886United States––
Small modular reactors are developed for nuclear power applications.
radiantnuclear.com2019Los Angeles, United States$217.96M44
Designer of microreactor technology for power generation and industrial heat
terrestrialenergy.com2013Oakville, Canada$117.64M–
Small modular reactors are developed for integral molten salt technology.
usnc.com2011Seattle, United States$47.4M–
Micro modular reactors and advanced fuel are manufactured.
kairospower.com2016Alameda, United States–253
Molten salt reactors are manufactured for nuclear fission applications.
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Detailed competitors of Last Energy

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Last Energy

The website of Last Energy (lastenergy.com) receives about 25.4K visits a month.

  • Monthly visits
    25.4K

    ▲ 26.7% vs previous month

Similar websites

Websites whose visitors overlap most with Last Energy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
niauk.org
niauk.org
100%
–#1,973,250–
3degreesinc.com
98%
21.6K#1,509,037View details
powermag.com
84%
–#306,848View details
energyconnects.com
energyconnects.com
84%
–#263,801–
westinghousenuclear.com
84%
211.3K#207,380View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Verified entity values are shown only after access is granted.

Top companies in Nuclear & Fusion Energy

10 companies that operate in the same segment as Last Energy (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of energy solutions
1925Juno Beach, Florida, United States–USD 26.53 B16,800
Fuel and power producer in the nuclear energy sector
2001United StatesUSD 307.86 M––
Clean energy solutions for generation, retail, and heating are provided.
1998Espoo, Finland–USD 5.86 B4,470
Advanced nuclear reactors are designed for low-carbon energy solutions.
2006Bellevue, Washington, United StatesUSD 1.46 B–299
Compact tokamak fusion reactors are developed with superconducting magnets.
2018Cambridge, Massachusetts, United StatesUSD 3.93 B––
Advanced nuclear reactors are designed, built, and operated by Newcleo.
2021London, England, United KingdomUSD 842.85 MUSD 11.38 M608
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
2010Redmond, Washington, United StatesUSD 1.44 B–593
Energy corporation
1903Newark, New Jersey, United States–USD 12.28 B13,050
Energy utilities, natural gas, and communications technology are provided.
1912United States–USD 29.55 B28,600
FRC nuclear fusion reactors are developed using advanced beam technology.
1998Lake Forest, California, United StatesUSD 1.32 B–304
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Related news about Last Energy

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Frequently Asked Questions about Last Energy

Last Energy was founded in 2019.

Last Energy is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.

Bret Kugelmass is the current CEO of Last Energy.

Last Energy is a funded company, having raised a total of $164M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jun 2019.

Last Energy offers PWR-20, Full-Service Delivery Model while focusing on working in the energy sector, nuclear energy, hardware developer, reactors, nuclear fission, and small modular reactor. Developer of small modular reactor. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs.

Last Energy's top competitors include TerraPower, Newcleo and X Energy.

Last Energy offers PWR-20 and Full-Service Delivery Model.

Last Energy has 14 investors. Key investors include Gigafund, Autodesk, Quiet Capital, ARMADA Investment, and David Marquardt.

Last Energy operates through Lasta Energy, S.R.O..

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