TerraPower LLC raised $650 million in a funding round led by Nvidia's NVentures to advance its advanced reactor project in Wyoming. The funding includes support from Bill Gates and HD Hyundai.
Amount Raised
$650 Million
Round Type
Funding Round
BellevueBiotechnologyEnergyInvestors
Description
TerraPower LLC, a nuclear startup founded by billionaire Bill Gates, raised $650 million to help continue development of an advanced reactor project under construction in Wyoming. The funding round included new investors NVentures, the venture capital arm of Nvidia Corp. Existing backers include Gates and HD Hyundai. This support reflects the growing links between technology and nuclear energy.
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