# TeraWulf funding: rounds and investors

> TeraWulf has raised $500M across 1 round since 2025. Every round with its source.

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

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

# Who invested in *TeraWulf*

One round we have observed, with the 0 investors 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.

AI Big Data & Analytics Cloud Construction

Raised 12 months ago

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Funding summary Updated 27 Oct 2026

**$500M** raised across 1 round since 2025, from 1 source

- **Latest round:** Round, $500M Oct 2025
- **Investors:** 0

See who backed them

## The rounds

- **Oct 2025** Round **$500M** No investor was named in the report. Reported by Ventureburn

## Founders and team

From TeraWulf's own website: 1 founder, 10 on the team.

**Nazar Khan** Co-Founder & Chief Technology Officer

- **Kerri Langlais** Chief Strategy Officer
- **Patrick Fleury** Chief Financial Officer
- **Sean Farrell** Chief Operating Officer
- **Stefanie Fleischmann** Chief Legal Officer & Secretary
- **Will Tanimoto** Chief Accounting Officer
- **Amanda Fabiano** Director
- **Cassie Motz** Director
- **Lisa Prager** Director
- **Michael Bucella** Director
- **Steven Pincus** Director

## Quick answers about TeraWulf

### How much has TeraWulf raised?

TeraWulf has raised $500M across 1 round since 2025.

### When did TeraWulf last raise?

TeraWulf's most recent round was an Undisclosed round of $500M in Oct 2025.

### What was TeraWulf's biggest round?

Its most recent round, $500M in Oct 2025, is also its largest on record.

### What stage is TeraWulf at?

TeraWulf's latest named round is an Undisclosed round, in Oct 2025.

### Where is TeraWulf based?

TeraWulf is based in the United States.

## Companies like TeraWulf

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

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