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TerraPower

TerraPower is a Bellevue, Washington–based nuclear energy startup that develops smaller modular reactors with molten salt energy storage...

Facts

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

Modern Electron files for $30M raise to scale heat-to-electricity converters, led by CEO Tony Pan and CTO Max Mankin

Modern Electron, an Intellectual Ventures spinoff, is raising $30 million per an SEC filing to commercialize its heat-to-electricity converters that capture wasted heat from furnaces, hot water tanks and industrial sources. The Bothell, Washington startup previously raised about $40 million including backing tied to Bill Gates, and is led by co-founders CEO Tony Pan and CTO Max Mankin.

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