TAE Overview

  • Year Founded
  • 1998

Year Founded

  • Status
  • Private

  • Employees
  • 315

Employees

  • Latest Deal Type
  • Crowdfunding

  • Latest Deal Amount
  • $351K

  • Investors
  • 36

TAE General Information

Description

Developer of a commercial power management tool intended to offer and commercialize safe and cost-effective fusion power. The company leverages proprietary science and engineering and is engaged in delivering sustainable tools in power management, electric mobility, and life sciences, enabling clients and communities to meet and address the growing global energy need and to bring safe, sustainable, cost-competitive, carbon-free fusion power to the grid.

Contact Information

Website
www.tae.com
Formerly Known As
Tri Alpha Energy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 19631 Pauling
  • Foothill Ranch, CA 92610
  • United States
+1 (949)
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Production
Energy Infrastructure
Electric Utilities
Vertical(s)
CleanTech, Climate Tech, Industrials, TMT
Corporate Office
  • 19631 Pauling
  • Foothill Ranch, CA 92610
  • United States
+1 (949)

TAE Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

TAE Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
19. Equity Crowdfunding $351K Completed Generating Revenue
18. Later Stage VC 05-Sep-2023 Completed Generating Revenue
17. Grant 18-Nov-2022 Completed Generating Revenue
16. Later Stage VC (Series G) 19-Jul-2022 Completed Generating Revenue
15. Later Stage VC (Series G) 08-Apr-2021 Completed Generating Revenue
14. Debt - PPP 14-Apr-2020 Completed Generating Revenue
13. Later Stage VC (Series G) 30-Dec-2019 Completed Generating Revenue
12. Later Stage VC (Series F) 15-Jan-2018 Completed Generating Revenue
11. Later Stage VC (Series F) 02-Jan-2017 $128M $593M Completed Generating Revenue
10. Later Stage VC (Series F) 20-May-2016 $65M $465M Completed Generating Revenue
To view TAE’s complete valuation and funding history, request access »

TAE Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series G3
Series G2
Series G
Series F
Series E
Series D
Series C
Series B
Series A2 228,900 $0.001000 $0.4 $5 $5 1x $5 0.32%
Series A 1,200,000 $0.001000 $0.2 $2.5 $2.5 1x $2.5 1.66%
To view TAE’s complete cap table history, request access »

TAE Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a commercial power management tool intended to offer and commercialize safe and cost-effective fusion power
Alternative Energy Equipment
Foothill Ranch, CA
315 As of 2024

Richmond, Canada
 

Everett, WA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

TAE Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
General Fusion Venture Capital-Backed Richmond, Canada
Helion Venture Capital-Backed Everett, WA
Commonwealth Fusion Systems Venture Capital-Backed Devens, MA
Zap Energy Venture Capital-Backed Everett, WA
To view TAE’s complete competitors history, request access »

TAE Patents

  • 424

    Total Documents Applications and Grants

  • Total Patents Families

  • 266

    Granted

  • 141

    Pending

  • Expiring in next 12 mo

TAE Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240121879-A1 Lithium target with intermediate layer Pending 05-Oct-2022
US-20240120126-A1 Systems, devices, and methods for variable collimation of a neutron beam Pending 03-Oct-2022
US-20240092545-A1 Systems, devices, and methods for transport and storage of air-sensitive materials Pending 21-Sep-2022
US-20240075146-A1 Integrated lithium target Pending 31-Aug-2022
US-20240072537-A1 Energy system islanding detection Pending 23-Aug-2022 H02J3/0012
To view TAE’s complete patent history, request access »

TAE Executive Team (25)

Name Title Board Seat
Michl Binderbauer Ph.D Chief Executive Officer & Board Member
Artem Smirnov Ph.D Chief Technology Officer
Janet Leong Chief Human Resources Officer
Jack Margo Chief Information Security Officer
James McNiel Global Chief Marketing Officer
You’re viewing 5 of 25 executive team members. Get the full list »

TAE Board Members (20)

Name Representing Role Since
Addison Fischer Self Board Member
Ernest Moniz Ph.D Self Board Member
Jeffrey Immelt New Enterprise Associates Board Member
Jeffrey Samberg Self Board Member
Marco Arese Self Board Member
You’re viewing 5 of 20 board members. Get the full list »

TAE Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

TAE Investors (36)

Investor Name Investor Type Holding Investor Since Participating Rounds
KittyHawk Ventures Venture Capital Minority
MicroVentures Venture Capital Minority
Chevron Technology Ventures Corporate Venture Capital Minority
DOV Management Venture Capital Minority
Google Foundation Limited Partner Minority
You’re viewing 5 of 36 investors. Get the full list »

Ready to get started?

Request a free trial

TAE FAQs

  • When was TAE founded?

    TAE was founded in 1998.

  • Who is the founder of TAE?

    Andrew Conrad, George Sealy, Hendrik Monkhorst Ph.D, and Norman Rostoker are the founders of TAE.

  • Who is the CEO of TAE?

    Michl Binderbauer Ph.D is the CEO of TAE.

  • Where is TAE headquartered?

    TAE is headquartered in Foothill Ranch, CA.

  • What is the size of TAE?

    TAE has 315 total employees.

  • What industry is TAE in?

    TAE’s primary industry is Alternative Energy Equipment.

  • Is TAE a private or public company?

    TAE is a Private company.

  • What is TAE’s current revenue?

    The current revenue for TAE is .

  • How much funding has TAE raised over time?

    TAE has raised $1.32B.

  • Who are TAE’s investors?

    KittyHawk Ventures, MicroVentures, Chevron Technology Ventures, DOV Management, and Google Foundation are 5 of 36 investors who have invested in TAE.

  • Who are TAE’s competitors?

    General Fusion, Helion, Commonwealth Fusion Systems, and Zap Energy are competitors of TAE.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »