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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.
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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
Ranked
Employee Count
99 as on Jun 30, 2026
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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:lockFilter 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
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Terrestrial Energy's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Terrestrial Energy
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Newcleo
Newcleo
2021, Paris (France), Series B
Provider of advanced nuclear energy technologies, focused on designing, building, and operating small modular lead-cooled fast reactors
$843M
70/100
2nd
Logo for TerraPower
TerraPower
2006, Bellevue (United States), Series D
Designer of nuclear reactors
$1.52B
66/100
3rd
Logo for NuScale Power
NuScale Power
2007, Portland (United States), Acquired
Developer of micro nuclear power plants
$198M
63/100
4th
Logo for X Energy
X Energy
2010, Greenbelt (United States), Public
Developer of small modular & high temperature gas cooled nuclear reactor
$1.53B
63/100
5th
Logo for Radiant Nuclear
Radiant Nuclear
2019, Los Angeles (United States), Series D
Developer of portable nuclear microreactors designed to replace diesel generators
$518M
60/100
6th
Logo for Terrestrial Energy
Terrestrial Energy
2013, Charlotte (United States), Series D
Developer of modular molten salt reactors for industrial heat generation
$118M
59/100
7th
Developer of small modular reactor
-
58/100
8th
Logo for USNC
USNC
2011, Seattle (United States), Series B
Manufacturer of micro modular reactors
$47.4M
54/100
9th
Logo for Jimmy
Jimmy
2021, Levallois Perret (France), Series A
Operator of thermal generators providing decarbonized heat to industrial clients
$17.3M
54/100
10th
Logo for Blykalla
Blykalla
2013, Stockholm (Sweden), Series C
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

lockFilter this list
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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FAQs about Terrestrial Energy

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