Tech Company Financing Transactions
Terrestrial Energy Funding Round
Terrestrial Energy secured a $94 million funding round on 3/26/2025. Investors included private investors.
Transaction Overview
Company Name
Announced On
3/26/2025
Transaction Type
Venture Equity
Amount
$94,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
9319 Robert D. Snyder Rd.
Charlotte, NC 28223
USA
Charlotte, NC 28223
USA
Phone
Website
Email Address
Overview
Heat makes the modern world go round. It creates the materials of the modern world. It is the energy source for all our cars, ships and planes, the energy source for generating electricity, and making the products of the modern world. Heat for all these activities today comes from burning fossil fuels. We need a zero-carbon alternative heat source, more scalable, reliable, and economical to displace the burning of fossil fuels, and we need to start deploying it at scale quickly.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Simon Irish
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We do our best to report on every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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