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Terrestrial Energy

Terrestrial Energy
2013 FOUNDED
PRIVATE STATUS
11-20 EMPLOYEES
Later Stage VC LATEST DEAL TYPE
$2.02M LATEST DEAL AMOUNT
2 INVESTORS
Description

Developer of a next-generation nuclear reactor based integral molten salt reactor technology created to displace fossil-fuel combustion. The company's modular reactor delivers heat, power and creates a system to harness clean bountiful energy of the atom simply, safely and economically, enabling on and off-grid industrial processes to generate heat for hydrogen and methanol production without any decarbonization.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Energy Production
Other Industries
Other Energy Services
Primary Office
  • 2275 Upper Middle Road East
  • Suite 102
  • Oakville, Ontario L6H 0C3
  • Canada

+1 (905) 000-0000
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Terrestrial Energy Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 07-Mar-2019 $2.02M 000.00 Completed Product Development
5. Early Stage VC (Series B) 22-Sep-2017 00.000 000.00 Completed Product Development
4. Early Stage VC (Series A) 07-Sep-2016 000.00 0000 Completed Startup
3. Grant 04-Mar-2016 00.00 00000 Completed Startup
2. Angel (individual) 10-Dec-2015 $909K $909K Completed Startup
1. Seed Round 04-Apr-2014 Completed Startup
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Terrestrial Energy Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Transatomic Power Venture Capital-Backed Cambridge, MA 0 00.000 00000 00000 00.000
0000000 00000 Formerly VC-backed Tigard, OR 000 00.00 000000&0 00.00
0000000000 Venture Capital-Backed Bellevue, WA 000 00000 000000 0 00000
000000 00000000000 Corporation Jupiter, FL
0000000 00000000 Corporation Boston, MA 000000 00.00 00000000000 00.00
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Terrestrial Energy Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Sustainable Development Technology Canada Not-For-Profit Venture Capital 000 0000 000000 0
Danny Way Angel (individual) Minority 000 0000 000000 0

Terrestrial Energy Executive Team (8)

Name Title Board
Seat
Contact
Info
Simon Irish Chief Executive Officer & Board Member
Canon Bryan Chief Financial Officer & Board Member
David Leblanc Ph.D Chief Technology Officer, President & Board Member
Louis Plowden-Wardlaw Company Secretary, General Counsel and Head EMEA
William Smith Senior Vice President Operations and Engineering

1 Former Executive

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Terrestrial Energy Board Members (7)

Name Representing Role Since Contact
Info
Canon Bryan Terrestrial Energy Chief Financial Officer & Board Member 000 0000
David Hill Ph.D Terrestrial Energy Board Member 000 0000
David Leblanc Ph.D Terrestrial Energy Chief Technology Officer, President & Board Member 000 0000
Frederick Buckman Self Board Member 000 0000
Hugh MacDiarmid Self Chairman 000 0000
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