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
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Terrapower, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.46 B (USD)
in 8 rounds
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Latest Funding Round
$650 M (USD), Series D
Jun 18, 2025
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Investors
ArcelorMittal
& 6 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced reactor using liquid metal for efficient and safe power generation.
Isotopes for precision medicine in cancer treatment processes.
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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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series D — $650.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series D - TerraPower | Valuation |
investors |
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| Nov, 2022 | Amount | Series C - TerraPower | Valuation | ArcelorMittal |
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| Aug, 2022 | Amount | Series C - TerraPower | Valuation | SK |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A South Korean conglomerate, SK Inc. is engaged in advanced materials, biotechnology, and digital solutions.
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Founded Year | Domain | Location | |
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CRV is recognized as a venture capital firm investing in technology startups.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TerraPower
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TerraPower
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Terrapower Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Micro modular nuclear reactors are developed for scalable power generation.
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| domain | founded_year | HQ Location |
Advanced nuclear reactors are designed, built, and operated by Newcleo.
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| domain | founded_year | HQ Location |
Small modular and high-temperature gas-cooled nuclear reactors are developed.
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| domain | founded_year | HQ Location |
Small modular reactors are developed for advanced nuclear energy solutions.
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| domain | founded_year | HQ Location |
Small modular reactors are developed for nuclear power applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Terrapower
Frequently Asked Questions about TerraPower
When was TerraPower founded?
TerraPower was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is TerraPower located?
TerraPower is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Who is the current CEO of TerraPower?
Christopher Levesque is the current CEO of TerraPower.
Is TerraPower a funded company?
TerraPower is a funded company, having raised a total of $1.46B across 8 funding rounds to date. The company's 1st funding round was a Series C of $750M, raised on Jan 31, 2008.
How many employees does TerraPower have?
As of Dec 31, 2022, the latest employee count at TerraPower is 299.
What does TerraPower do?
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.
Who are the top competitors of TerraPower?
TerraPower's top competitors include Newcleo, X Energy and NuScale Power.
What products or services does TerraPower offer?
TerraPower offers Natrium Reactor and Isotopes.
Who are TerraPower's investors?
TerraPower has 7 investors. Key investors include ArcelorMittal, Khosla Ventures, DOE, SK Inc., and CRV.
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