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NVentures, Bill Gates and HD Hyundai led a $650m funding round in TerraPower.

Synopsis

NVentures, Bill Gates and HD Hyundai led a $650m funding round in TerraPower, a nuclear innovation company. This capital raise builds on the support of TerraPower’s current investors and supports both the first Natrium plant, along with the company’s plans to rapidly deploy additional units in the US and abroad. Nuclear power continues to see widescale interest across energy users; and federal support for deploying new plants was outlined last month in President Trump’s executive orders.

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