Transatomic Power Secures $2,000,000 Seed Financing Round

  • Feed Type
  • Date
    8/6/2014
  • Company Name
    Transatomic Power
  • Mailing Address
    One Broadway 14th Floor Cambridge, MA 02142 USA
  • Company Description
    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.
  • Website
    http://www.transatomicpower.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    The new infusion will enable the company to perform larger-scale testing of its reactor designs.
  • M&A Terms
  • Venture Investor