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TerraPower

TerraPower

Private
Bellevue, WashingtonEnergy & Sustainabilityhttps://www.terrapower.com/

Last Round

Grant

Mar 17, 2026

Est. Valuation

$3.8B

Total Funding Raised

$1.61B

Momentum

Top 50%

of companies Caplight tracks

Company Overview

TerraPower is a nuclear energy technology company that develops advanced reactor designs to deliver safe, affordable, and carbon-free energy and medical isotopes.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Energy Storage, Biotechnology, Clinical Trials, Advanced Materials

Business Model

B2B

Customer Profile

Government Contracts, Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

advanced nuclear reactornext-gen nuclearNatrium reactormedical isotopessodium-cooled fast reactormolten salt energy storagegrid-scale storagesmall modular reactorSMRActinium-225Ac-225dispatchable powerradiopharmaceuticalsHALEUHigh-Assay Low-Enriched Uraniumtargeted alpha therapydata center powerMolten Chloride Fast ReactorMCFR

Historical Pricing

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Caplight Momentum Score

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TerraPower Comparables

Compare TerraPower with similar companies based on industry and business-model similarity.

TerraPower comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Kairos Power
83%
X Energy
81%
Newcleo
79%

TerraPower Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantMar 17, 2026
Corporate FundingJun 18, 2025
VC RoundNov 3, 2022
Early FundingAug 15, 2022
GrantOct 13, 2020
Corporate Funding
Dec 22, 2011

Key People

Founding team and executive leadership

Christopher Levesque

President and CEO, President

Executive Team

Rocky Martinez

Executive Administrator To The President CEO

Executive Team

John Gilleland

Chief Technology Officer

Executive Team

Steven Hellman

Executive Vice President & Chief Financial Officer

Executive Team

TerraPower Investors

Notable investors and investment history

TerraPower investors
InvestorRounds
Khosla VenturesSeries B
Pennsylvania Department of Community and Economic DevelopmentGrant
SK Inc.VC Round, Early Funding
Commonwealth of PennsylvaniaEarly Funding
NVenturesCorporate Funding
CRVSeries A, Series B
DOEGrant

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 23, 2026

    Began building America's first utility-scale advanced nuclear power plant.

  • Mar 31, 2026

    TerraPower and Evergy leaders are in discussions about building a potential nuclear power plant in Kansas. This potential partnership follows TerraPower's previously announced plans to build a reactor in the state.

TerraPower Filings

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TerraPower filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersBellevue, Washington
Employee Range860
Year Founded2006
Last FundingMar 17, 2026

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