Terrestrial Energy Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 72

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $29.3M

  • Investors
  • 5

Terrestrial Energy General Information

Description

Developer of a reactor power plant technology designed to displace fossil-fuel combustion. The company's technology offers an integral molten salt reactor (IMSR) that delivers heat and creates a system to harness the clean energy of the atom safely and economically, enabling businesses to generate heat for hydrogen and methanol production without any decarbonization.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 9319 Robert Drive
  • Snyder Road
  • Charlotte, NC 28223
  • United States
+1 (646)
Primary Industry
Energy Infrastructure
Other Industries
Other Energy Services
Vertical(s)
CleanTech, LOHAS & Wellness, Climate Tech
Corporate Office
  • 9319 Robert Drive
  • Snyder Road
  • Charlotte, NC 28223
  • United States
+1 (646)

Terrestrial Energy Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Terrestrial Energy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC 17-Jul-2024 $29.3M Completed Generating Revenue
10. Later Stage VC 17-Oct-2023 Completed Generating Revenue
9. Grant 24-Nov-2021 Completed Generating Revenue
8. Later Stage VC 13-May-2021 Completed Generating Revenue
7. Later Stage VC 24-Jul-2020 Completed Generating Revenue
6. Later Stage VC 22-Mar-2019 Completed Product Development
5. Early Stage VC (Series B) 22-Sep-2017 Completed Product Development
4. Early Stage VC (Series A) 07-Sep-2016 Completed Startup
3. Grant 04-Mar-2016 $4.15M $909K Completed Startup
2. Angel (individual) 10-Dec-2015 $909K $909K Completed Startup
To view Terrestrial Energy’s complete valuation and funding history, request access »

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Opportunity Score

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Exit Type

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Terrestrial Energy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a reactor power plant technology designed to displace fossil-fuel combustion. The company's technology offe
Energy Infrastructure
Charlotte, NC
72 As of 2024

Dubai, United Arab Emirates
 

Portland, OR
 
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Terrestrial Energy Competitors (5)

One of Terrestrial Energy’s 5 competitors is ThorCon, a Venture Capital-Backed company based in Dubai, United Arab Emirates.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ThorCon Venture Capital-Backed Dubai, United Arab Emirates
NuScale Power Formerly VC-backed Portland, OR
TerraPower Venture Capital-Backed Bellevue, WA
Holtec International Private Debt Financed Jupiter, FL
GE Aerospace Corporation Cincinnati, OH
You’re viewing 5 of 5 competitors. Get the full list »

Terrestrial Energy Patents

Terrestrial Energy Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3120773-A1 Cooling system for nuclear reactor Pending 27-Nov-2018
US-20220375635-A9 Cooling system for nuclear reactor Active 27-Nov-2018
US-20210398697-A1 Cooling system for nuclear reactor Active 27-Nov-2018
US-12040098-B2 External closed-loop nuclear reactor cooling assembly enclosed in a protective structure Active 27-Nov-2018
EP-3874522-A4 Power plant Pending 31-Oct-2018 F03G6/065
To view Terrestrial Energy’s complete patent history, request access »

Terrestrial Energy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Terrestrial Energy Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Varana Capital PE/Buyout Minority
Government of Canada Government
U.S. Department of Energy Government
Sustainable Development Technology Canada Venture Capital Minority
Danny Way Angel (individual) Minority
To view Terrestrial Energy’s complete investors history, request access »

Terrestrial Energy FAQs

  • When was Terrestrial Energy founded?

    Terrestrial Energy was founded in 2013.

  • Where is Terrestrial Energy headquartered?

    Terrestrial Energy is headquartered in Charlotte, NC.

  • What is the size of Terrestrial Energy?

    Terrestrial Energy has 72 total employees.

  • What industry is Terrestrial Energy in?

    Terrestrial Energy’s primary industry is Energy Infrastructure.

  • Is Terrestrial Energy a private or public company?

    Terrestrial Energy is a Private company.

  • What is Terrestrial Energy’s current revenue?

    The current revenue for Terrestrial Energy is .

  • How much funding has Terrestrial Energy raised over time?

    Terrestrial Energy has raised $94.3M.

  • Who are Terrestrial Energy’s investors?

    Varana Capital, Government of Canada, U.S. Department of Energy, Sustainable Development Technology Canada, and Danny Way have invested in Terrestrial Energy.

  • Who are Terrestrial Energy’s competitors?

    ThorCon, NuScale Power, TerraPower, Holtec International, and GE Aerospace are competitors of Terrestrial Energy.

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