TerraPower Announces $750 Million Secured in Fundraise
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Monday, August 15, 2022
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TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million.
Key Points:
- TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million.
- The fundraise was co-led by SK Inc. and SK Innovation (collectively, SK) and TerraPowers founder Bill Gates.
- This fundraise enhances TerraPowers groundbreaking work in advanced nuclear energy technologies and nuclear medicine.
- TerraPower is committed to solving some of the toughest challenges that face this generation through innovation, said TerraPower President and CEO Chris Levesque.