15 June '10
2:15 PM UTC
No Comments
  Funding

Bill Gates-Backed Nuclear Startup Secures $35 Million Series B, What About Toshiba? [UPDATE]

TerraPower, a company that develops reactors powered by depleted Uranium, has raised $35 million as part of a Series B financing. Charles River Ventures and  Khosla Ventures participated in the raise. So did Intellectual Ventures co-founder Nathan Myhrvold and  Bill Gates, which patially owns Intellectual Ventures.

TerraPower is a portfolio company of Intellectual Ventures, a patent holding investment firm based in Bellevue, Wash.

Read More »

23 March '10
5:13 PM UTC
No Comments
  Cleantech

Bill Gates-Backed TerraPower And Toshiba Are Talking

TerraPower, a company that develops reactors powered by depleted uranium, is in talks with Toshiba in view of developing a small nuclear reactor.

TerraPower is a unit of Intellectual Ventures, a patent holding investment firm partially backed by Bill Gates and run out of Bellevue, Wash., by former Microsoft executive, Nathan Myhrvold. Japan’s Nihon Keizai Shimbun first reported the news. Read More »