Bill Gates-Counts of nuclear start Terrapower collected $ 650 million from a billionaire software entrepreneur, HD HyundaiIN Nventures And existing investors as a technology industry are still looking for latest energy sources among the Hunkowa AI boom.
Bellevue, Terrapower from Washington now raised $ 1.4 billion from investors, on Crunchbase datamaking him one of the most financed startups working on nuclear technologies.
The company was founded in 2006 by Gates and other investors focused on the climate. It is undergoing a construction of a 345-watt nuclear power plant at the place of the Węglowa Retirement in Kemmerer, Wyoming. He said that he hoped to supply regulatory approval for the reactor next yr.
The agreement appears among the increased interests of recent energy sources in order to produce data centers of artificial intelligence, but as financing projects on Cleantech published a flawless yr in 2024.
“When AI continues to transform industries, nuclear energy will become a more vital source of energy to help power these possibilities,” Mohamed “Sid” SiddeekCorporate Vice President in
Nventures, NvidiaA arm of the undertaking, he said in a statement. “Terrapower nuclear reactors technologies offer innovative, emission -free solutions that meet global energy needs, while minimizing the impact on the environment.”
Other startups related to nuclear energy, which collected significant financing, include many work on the fusion related technology:
- Fusion Commonwealth systemsCambridge, with Massachusetts based WITH Spinoff working on Fusion technology raised $ 2 billion from investors, on Crunchbase data.
- Helion EnergyThe startup from Washington Everett, also developing Fusion power, collected $ 1 billion.
- Pacific fusanThe Fremont Fremont start-up in California has collected $ 900 million so far.
- Shine Technologies Until now, he has collected $ 774.2 million. The company based in Janesville, Wisconsin is working on Fusion technology in the production of energy and other applications.
- Nuscale powerCorvallis, a company from Oregon, which claims to have developed a small modular reactor to supply energy for electrical production and other applications, has so far raised almost $ 470 million from investors.
- General fusionThe startup from the British Columbia developing a magnetized goal fusion technology, collected $ 370 million.
- CollapseAlso with its registered office in Everett, he collected $ 337.8 million for work on “compact fusion power”, which does not require lasers or magnets.
- Nano nuclear energyA New York company that builds micro-Moda modular reactors and advanced nuclear reactors has so far collected USD 229.1 million Crunchbase data.