Terrestrial Energy - About the company
Terrestrial Energy is a series D company based in Charlotte (United States), founded in 2013 by Chris Popoff. It operates as a Developer of modular molten salt reactors for industrial heat generation. Terrestrial Energy has raised $118M in funding. The company has 80 active competitors, including 28 funded and 5 that have exited. Its top competitors include companies like Newcleo, TerraPower and NuScale Power.
Company Details
Developer of modular molten salt reactors for industrial heat generation. This technology utilizes liquid fuel to provide high temperature thermal energy for industrial processes and electricity production. By replacing pressurized water systems with molten salt cooling, the design achieves higher thermal efficiency and operational safety. The modular architecture facilitates rapid construction and deployment to replace fossil fuel combustion in heavy industry. These systems produce carbon-free heat and power without emitting pollutants. The approach leverages established fission research to provide a scalable alternative for global energy needs.
- Website
- terrestrialenergy.com
- Email ID
- *****@terrestrialenergy.com
- Phone Number
- +1 **********
- Registered Address
- D5 Culham Science Centre, Abingdon, Oxfordshire, United Kingdom, OX14 3DB
Key Metrics
Founded Year
2013
Location
Charlotte, United States
Stage
Series D
Total Funding
$118M in 20 rounds
Latest Funding Round
Investors
Ranked
6th among 80 active competitors
Employee Count
99 as on Jun 30, 2026
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Legal entities associated with Terrestrial Energy
Terrestrial Energy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Terrestrial Energy Limited CIN: 10127503 , Germany, Active | - | - |
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Terrestrial Energy's funding and investors
Terrestrial Energy has raised a total funding of $118M over 20 rounds. Its first funding round was on Mar 31, 2014. Terrestrial Energy has 5 institutional investors.
Here is the list of recent funding rounds of Terrestrial Energy:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 19, 2026 | 5374418 | Series D | 9732128 | 1007518 | 3127731 | 4177737 |
Jul 31, 2025 | 6723797 | Grant (prize money) | 1156260 | 9285532 | 3423148 | |
Jul 01, 2025 | 4359576 | Series D | 5724371 | 6335864 | 7093897 | 4402800 |
View details of Terrestrial Energy's funding rounds and investors
Terrestrial Energy's founders and board of directors
Founder? Claim ProfileThe founders of Terrestrial Energy is Chris Popoff. Simon Irish is the CEO of Terrestrial Energy.
Here are the details of Terrestrial Energy's key team members:
- Chris Popoff: Former Co-Founder of Terrestrial Energy. Contact Info: 1 email address
- Simon Irish: CEO of Terrestrial Energy. They serve on the board of 1 company.Contact Info: 1 email address
Terrestrial Energy's Board of Directors
Terrestrial Energy's board has 1 active member. Simon Irish is part of team.Here is the list of Terrestrial Energy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
ewcjxuc | Team | - | Current | 4y 5m |
View details of Terrestrial Energy's Founder profiles and Board Members
Terrestrial Energy's employee count trend
Terrestrial Energy has 99 employees as of Jun 26. Here is Terrestrial Energy's employee count trend over the years:
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Terrestrial Energy's Competitors and alternates
Top competitors of Terrestrial Energy include Newcleo, TerraPower and NuScale Power. Here is the list of Top 10 competitors of Terrestrial Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of advanced nuclear energy technologies, focused on designing, building, and operating small modular lead-cooled fast reactors | $843M | 70/100 | ||
2nd | TerraPower 2006, Bellevue (United States), Series D | Designer of nuclear reactors | $1.52B | 66/100 | |
3rd | NuScale Power 2007, Portland (United States), Acquired | Developer of micro nuclear power plants | $198M | 63/100 | |
4th | X Energy 2010, Greenbelt (United States), Public | Developer of small modular & high temperature gas cooled nuclear reactor | $1.53B | 63/100 | |
5th | Radiant Nuclear 2019, Los Angeles (United States), Series D | Developer of portable nuclear microreactors designed to replace diesel generators | $518M | 60/100 | |
6th | Terrestrial Energy 2013, Charlotte (United States), Series D | Developer of modular molten salt reactors for industrial heat generation | $118M | 59/100 | |
7th | Westinghouse Electric 1886, United States, Acquired | Developer of small modular reactor | - | 58/100 | |
8th | USNC 2011, Seattle (United States), Series B | Manufacturer of micro modular reactors | $47.4M | 54/100 | |
9th | Operator of thermal generators providing decarbonized heat to industrial clients | $17.3M | 54/100 | ||
10th | Developer and producer of advanced small modular reactors | $73M | 53/100 |
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Terrestrial Energy's Investments and acquisitions
Terrestrial Energy has made no investments or acquisitions yet.
Reports related to Terrestrial Energy
Here is the latest report on Terrestrial Energy's geography:
News related to Terrestrial Energy
Media has covered Terrestrial Energy for a total of 17 events in the last 1 year, 9 of them have been about company updates and 1 about partnerships.
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Terrestrial Energy Announces Fourth Quarter and Full Year 2025 ResultsGlobeNewswire•Mar 30, 2026•Terrestrial Energy
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Terrestrial Energy Executes DOE Agreement for Project TEFLAGlobeNewswire•Jan 22, 2026•Terrestrial Energy
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Terrestrial Energy & Westinghouse Expand Contract for IMSR Fuel PlantGlobeNewswire•Nov 05, 2025•Westinghouse, Terrestrial Energy
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Terrestrial Energy Inc. Begins Trading on the Nasdaq Stock MarketGlobeNewswire•Oct 29, 2025•HCM Acquisition, Terrestrial Energy
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Terrestrial Energy Selected for DOE Office of Nuclear Energy Fuel Line Pilot ProgramGlobeNewswire•Oct 01, 2025•DOE, Terrestrial Energy, Oklo
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