# TerraPower funding: rounds and investors

> TerraPower has raised $650M across 2 rounds since 2008. Investors include Bill Gates, NVIDIA and NVentures. Every round with its source.

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

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

# Who invested in *TerraPower*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Valuation: $1.0B, Oct 2024

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Funding summary Updated 5 Nov 2026

**$650M** raised across 2 rounds since 2008, from 3 sources

- **Latest round:** Round, $650M Jun 2025
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2008 2011 2014 2017 2020 2023

**?** Round

**$650M** Round

- **First round:** Round
- **Biggest round:** $650M
- **Between rounds:** 17.5 years

## The rounds

- **Jun 2025** Round **$650M** *4 new* *1 returning* [NVIDIA](https://millionrounds.com/fund/nvidia) [Bill Gates](https://millionrounds.com/fund/bill-gates) [NVentures](https://millionrounds.com/fund/nventures) [Gates](https://millionrounds.com/fund/gates) [HD Hyundai](https://millionrounds.com/fund/hd-hyundai) Reported by Crunchbase News and 1 other
- **Jan 2008** Round **Amount undisclosed** *2 new* [Bill Gates](https://millionrounds.com/fund/bill-gates) Intellectual Ventures Management From a historical funding record

## Founders and team

From TerraPower's own website: 11 on the team.

- **Steven Hellman** Executive Vice President and Chief Financial Officer
- **Andrew Richards** Vice President of Government Affairs
- **Craighton Goeppele** Executive Vice President And General Counsel
- **Irene Hsieh** Senior Vice President, Finance And Accounting
- **Jeffrey Miller** Senior Vice President, Business Development
- **Monica Tarqueno** Vice President, Operations
- **Pat Young** Senior Vice President, Natrium Project Director
- **Jessica Harris** Chief Human Resources Officer
- **Bill Gates** Chairman of the Board
- **Chris Levesque** Vice Chairman of the Board
- **Sarah Young** Director of Communications and Marketing

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2008 **Round** 2025 [Bill Gates](https://millionrounds.com/fund/bill-gates) [NVIDIA](https://millionrounds.com/fund/nvidia) [NVentures](https://millionrounds.com/fund/nventures) [Gates](https://millionrounds.com/fund/gates) [HD Hyundai](https://millionrounds.com/fund/hd-hyundai) Intellectual Ventures Management

## Everyone who backed them

[Bill Gates](https://millionrounds.com/fund/bill-gates) VC firm **2** rounds

[NVIDIA](https://millionrounds.com/fund/nvidia) Company **1** round

[NVentures](https://millionrounds.com/fund/nventures) Corporate VC **1** round

[Gates](https://millionrounds.com/fund/gates) Investment firm **1** round

[HD Hyundai](https://millionrounds.com/fund/hd-hyundai) Investment firm **1** round

Intellectual Ventures Management no record of our own yet **1** round

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

## Quick answers about TerraPower

### Who invested in TerraPower?

TerraPower's investors include Bill Gates, NVIDIA, NVentures, Gates and HD Hyundai, and 1 more on record.

### How much has TerraPower raised?

TerraPower has raised $650M across 2 rounds since 2008. One round did not disclose an amount, so the total is a floor.

### When did TerraPower last raise?

TerraPower's most recent round was an Undisclosed round of $650M in Jun 2025.

### What was TerraPower's biggest round?

Its most recent round, $650M in Jun 2025, is also its largest on record.

### Who backed TerraPower first?

TerraPower's first round on record, in Jan 2008, was backed by Bill Gates and Intellectual Ventures Management.

### What stage is TerraPower at?

TerraPower's latest named round is an Undisclosed round, in Jun 2025.

### Where is TerraPower based?

TerraPower is based in the United States.

## Companies like TerraPower

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

[**Group14 Technologies** $632M · Oct 2026](https://millionrounds.com/company/group14-technologies)[**Mammoth Energy Services** $58M · Oct 2026](https://millionrounds.com/company/mammoth-energy-services)[**Emvolon** $22M · Oct 2026](https://millionrounds.com/company/emvolon)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)

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