Tech Company Financing Transactions
Transatomic Power Funding Round
Transatomic Power, based in Cambridge, secured $2 million in funding from Founders Fund.
Transaction Overview
Company Name
Announced On
8/6/2014
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Proceeds Purpose
The new infusion will enable the company to perform larger-scale testing of its reactor designs.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1 Bdwy. 14th Floor
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Overview
Transatomic Power Corporation is commercializing an innovative molten salt reactor that safely burns nuclear waste to deliver vast amounts of affordable clean energy to meet the world's needs. We are headquartered in Kendall Square in Cambridge, MA.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Leslie Dewan
Chief Technical Officer
Mark Massie
Browse more venture capital transactions:
Prev: 8/6/2014: Vectra venture capital transaction
Next: 8/6/2014: MotionSavvy venture capital transaction
Share this article
News on VC Transactions
We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs