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TerraPower Raises $650 Million From Backers Including Nvidia

  • TerraPower, the nuclear energy company established in 2006 by Microsoft co-founder Bill Gates, has secured $650 million to support the development of its Natrium reactor project in Wyoming.
  • Among the investors in the $650 million financing for TerraPower were Nvidia’s NVentures and returning supporters Bill Gates and HD Hyundai, reflecting increasing interest from the technology sector.
  • Last year, TerraPower started work on the non-nuclear components of the Natrium demonstration project and aims to secure reactor regulatory approval by 2026.
  • Mohamed Siddeek, head of NVentures, remarked that as artificial intelligence reshapes various sectors, the role of nuclear power will grow increasingly important in meeting the energy demands associated with these advancements.
  • This funding milestone positions TerraPower to meet rising demand for reliable, low-carbon energy and complements broader nuclear investments by Google, Microsoft, and Amazon.
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Bloomberg broke the news in United States on Wednesday, June 18, 2025.
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