StoryFunding
TerraPower raises $650M with participation from NVIDIA's NVentures
TerraPower closed a $650M fundraise on 18 June 2025 with new investor NVIDIA's venture arm NVentures and existing investors including Bill Gates and HD Hyundai. The money supports its Natrium reactor and energy storage technology toward commercial deployment.
- $650 million fundraise with new investor NVentures (NVIDIA venture arm).
- Existing investors include Bill Gates (founder) and HD Hyundai.
- Funds support first Natrium plant and rapid deployment of additional units.
- Enables advancement toward regulatory approval and commercial deployment.