# NexGen Power Systems funding: rounds and investors

> NexGen Power Systems has raised across 1 round since 2023. Investors include US Department of Energy. Every round with its source.

Source: https://millionrounds.com/company/nexgen-power-systems (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *NexGen Power Systems*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Hardware & Electronics

Funding summary Updated 26 Oct 2026

**Undisclosed** raised across 1 round since 2023, from 1 source

- **Latest round:** Venture Jun 2023
- **Investors:** 1

See who backed them

## The rounds

- **Jun 2023** Venture **Amount undisclosed** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Source recorded

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Dinesh Ramanathan** Executive Officer, Director i
- **Narayanan Karuvapata** Executive Officer i

On the board, as filed i *Ahmad Quiroga Chatila* *Daniel Quiroga McCraine* *Isidoro Quiroga Cortes* *Thurman John Rodgers*

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nexgen-power-systems).

## Quick answers about NexGen Power Systems

### Who invested in NexGen Power Systems?

NexGen Power Systems's investors include US Department of Energy.

### How much has NexGen Power Systems raised?

NexGen Power Systems has raised 1 round since 2023, none with a disclosed amount.

### When did NexGen Power Systems last raise?

NexGen Power Systems's most recent round was a Venture in Jun 2023.

### Who backed NexGen Power Systems first?

NexGen Power Systems's first round on record, in Jun 2023, was backed by US Department of Energy.

### What stage is NexGen Power Systems at?

NexGen Power Systems's latest named round is a Venture, in Jun 2023.

### Where is NexGen Power Systems based?

NexGen Power Systems is based in the United States.

## Companies like NexGen Power Systems

In the same sector, and raised in the last eighteen months.

[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)[**Tenstorrent** $3.0B · Oct 2026](https://millionrounds.com/company/tenstorrent)[**Sabi** $50M · Oct 2026](https://millionrounds.com/company/sabi)[**Ringon** $70K · Oct 2026](https://millionrounds.com/company/ringon)[**Relay** $207M · Oct 2026](https://millionrounds.com/company/relay)[**SiMa.ai** $235M · Sept 2026](https://millionrounds.com/company/sima-ai)

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