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TerraPower

Bellevue, WA, US

TerraPower is a Bellevue, Washington–based nuclear energy startup that develops smaller modular reactors with molten salt energy storage, operating in sectors including nuclear and clean energy, advanced reactor design, and energy storage.

Facts

HQ
Bellevue, WA, US
Sectors
Nuclear Electric Power Generation
Employees
1082
Founders
Bill Gates, Nathan Myhrvold

Recent coverage

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Independent report: Seattle’s JumpStart payroll tax penalizes senior hires and concentrates revenue in 10 largely tech firms, risking $50M loss if one large employer shifts 10,000 workers

An independent 127-page City of Seattle-commissioned study finds the city’s tax structure, notably the JumpStart payroll tax, disproportionately penalizes hiring senior high‑pay workers and concentrates revenue risk in a few large tech employers. Researchers warn that reliance on a small number of firms—10 companies account for three-quarters of the payroll tax on large employers—exposes Seattle to significant fiscal vulnerability if large employers relocate or stock‑based compensation fluctuates.

Seattle’s ‘Third Act’: VCs Say Local Superstars Are Deep-Tech Startups Building Rockets, Geothermal Plants and Autonomous Vehicles

Two Seattle venture capitalists argue that the city’s next wave of superstar startups are already here but focus on deep tech—intelligent machines and physical products like rockets, geothermal plants and autonomous off-road vehicles—rather than pure software. They frame this shift as Seattle’s "Third Act," building on maritime/aerospace roots (Act I) and the software/cloud boom (Act II) to combine hardware and software using local infrastructure and talent.

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