Fundz

Terrestrial Energy reported raising $3.25 Million in an initial SEC Form D filing

PRIVATEOct 18, 2023

Amount Raised

$3.25 Million

$3.25 Million sold, per SEC Form D (first sale Oct 10, 2023)

Round Type

Seed

CharlotteEnergyRenewable Energy

Quick answer

Terrestrial Energy raised $3.25 Million in a Seed round, dated October 10, 2023. Terrestrial Energy is based in Charlotte, North Carolina, United States.

How much did Terrestrial Energy raise?
Terrestrial Energy raised $3.25 Million in a Seed round on October 10, 2023.
What does Terrestrial Energy do?
Terrestrial Energy is a developer of Generation IV nuclear plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology.
Where is Terrestrial Energy based and how big is it?
Terrestrial Energy is based in Charlotte, North Carolina, United States. Fundz records about 72 employees.
Who are the decision-makers at Terrestrial Energy?
Fundz holds 2 contacts at Terrestrial Energy, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Terrestrial Energy that raised within 45 days of this round, from Fundz verified event records.

  • Charging Robotics raised an undisclosed amount (Funding Round) on November 22, 2023.
  • Eliq raised $11M (Funding Round) on November 21, 2023.
  • Summit Ridge Energy raised $275M (Funding Round) on November 20, 2023.
  • TSUN raised an undisclosed amount (Series B) on November 20, 2023.
  • Zefiro Methane Corp raised $98K (Seed) on November 17, 2023.
  • Advent Technologies Holdings raised an undisclosed amount (Funding Round) on November 16, 2023.

Who to call at Terrestrial Energy, and when

A new round usually means Terrestrial Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Terrestrial Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Terrestrial Energy, from your own LinkedIn network

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Company Information

Company

Terrestrial Energy

Location

9319 ROBERT D. SNYDER RD.

Charlotte, North Carolina, United States

About

Terrestrial Energy is a developer of Generation IV nuclear plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology. IMSR technology captures the full transformative operating benefits of molten salt reactor technology in a plant design that represents true innovation in cost reduction, versatility and functionality of nuclear energy supply. IMSR plants will supply zero-carbon, reliable, dispatchable, low-cost high-temperature industrial heat and electricity for a dual-use energy role relevant to many industrial applications, such as chemical synthesis and desalination. In so doing, they extend the application of nuclear energy far beyond electric power markets. IMSR plants have the potential to make substantial contributions to industrial competitiveness, energy security, and economic growth. Their deployment will support rapid global decarbonization of the primary energy system across a broad spectrum.

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Related People

2 contacts
Verified contactsSimon I., Executive Officer, Director, PromoterSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Terrestrial Energy's next move

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Terrestrial Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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