TerraPower, the US nuclear innovation company founded by BillGates, has closed a $650m (€566m) fundraise which included investment from multinational chipmaker Nvidia.
TerraPower said the fundraise was comprised of both new investors, including NVentures, the venture capital arm of Nvidia, and current investors, including Gates himself and South Korean shipbuilder HD Hyundai.
In April TerraPower signed an agreement with HD Hyundai to further scale up the global manufacturing supply chain for reactor components.
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