TerraPower

Bellevue, United States Founded: 2006 • Age: 20 yrs
Advanced nuclear reactors are designed for low-carbon energy solutions.
Annual revenue - Latest available
Total funding $1.5B 8 rounds
Employees 299 Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About TerraPower

TerraPower is a company based in Bellevue (United States) founded in 2006. TerraPower has raised $1.46 billion across 8 funding rounds from investors including ArcelorMittal, Khosla Ventures and DOE. The company has 299 employees as of December 31, 2022. TerraPower offers products and services including Natrium Reactor and Isotopes. TerraPower operates in a competitive market with competitors including NuScale Power, Newcleo, X Energy, Oklo and Westinghouse Electric, among others.

  • Headquarter Bellevue, United States
  • Employees 299 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Terrapower, Llc
Operational Areas
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.46 B (USD)

    in 8 rounds

  • Latest Funding Round
    $650 M (USD), Series D

    Jun 18, 2025

  • Investors
  • Employee Count
    299

    as on Dec 31, 2022

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Products & Services of TerraPower

TerraPower offers a comprehensive portfolio of products and services, including Natrium Reactor and Isotopes.

Product name locked
Category locked
Primary

Advanced reactor using liquid metal for efficient and safe power generation.

Product name locked
Category locked
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Isotopes for precision medicine in cancer treatment processes.

People of TerraPower

Headcount 50-200
Employee Profiles 100
Board Members and Advisors 8
Employee Profiles
People
Joseph Hoffman
Mechanical Testing Lead
People
Justin Sarlese
Operations Support Senior Manager For The Natrium Demonstration Project
People
Steven Hellman
Executive Vice President & Chief Financial Officer
People
Jeffrey Miller
Vice President Of Business Development

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Board Members and Advisors
people
Bill Gates
Chairman
people
Mohamed Al Hammadi
Board Member
people
Bill Pitesa
Board Member
people
Kristine Svinicki
Board Member

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Funding Insights of TerraPower

TerraPower has successfully raised a total of $1.46B across 8 strategic funding rounds. The most recent funding activity was a Series D round of $650 million completed in June 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.

Investors in TerraPower

TerraPower has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include ArcelorMittal, Khosla Ventures and DOE.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A South Korean conglomerate, SK Inc. is engaged in advanced materials, biotechnology, and digital solutions.
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CRV is recognized as a venture capital firm investing in technology startups.
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Early-stage startups are funded by this venture capital firm.
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Investor details for TerraPower

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Investments & Acquisitions by TerraPower

Investments
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Investment portfolio details for TerraPower

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  • Transaction dates
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Financial Statements - TerraPower

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Detailed financials for TerraPower

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Terrapower Comparisons

TerraPower Primary company
Description
Advanced nuclear reactors are designed for low-carbon energy...
Location
Bellevue, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
299
As of 2022
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Peer comparison for TerraPower

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Competitors of TerraPower

TerraPower operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NuScale Power, Newcleo, X Energy, Oklo and Westinghouse Electric, among others.

Company Name Domain Founded year HQ Location Description
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Micro modular nuclear reactors are developed for scalable power generation.
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Advanced nuclear reactors are designed, built, and operated by Newcleo.
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Small modular and high-temperature gas-cooled nuclear reactors are developed.
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Small modular reactors are developed for advanced nuclear energy solutions.
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Small modular reactors are developed for nuclear power applications.
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Detailed competitors of TerraPower

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Latest news on Terrapower

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Complete news archive for TerraPower

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Frequently Asked Questions about TerraPower

TerraPower was founded in 2006 and raised its 1st funding round 2 years after it was founded.

TerraPower is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.

Christopher Levesque is the current CEO of TerraPower.

TerraPower is a funded company, having raised a total of $1.46B across 8 funding rounds to date.

As of Dec 31, 2022, the latest employee count at TerraPower is 299.

TerraPower was founded in 2006 and is headquartered in Bellevue, United States. Operations center on the nuclear energy sector, where traveling wave reactors (TWR) are developed to deliver safe, economic low-carbon power for baseload electricity needs. Molten salt reactors (MSR) are also under investigation as an alternative approach. Leadership is provided by CEO Christopher Levesque, with focus maintained on innovative reactor technologies.

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

TerraPower offers Natrium Reactor and Isotopes.

TerraPower has 7 investors. Key investors include ArcelorMittal, Khosla Ventures, DOE, SK Inc, and CRV.

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