Bill Gates' company TerraPower raises $750 million for nuclear energy and medicine innovation
Summary
Bill Gates nuclear innovation company, TerraPower, announced Monday it has secured at least $750 million in new funding. SK, one of South Koreas largest energy providers, invested $250 million. "Whether its addressing climate change with carbon-free advanced nuclear energy, or fighting cancer with nuclear isotopes, our team is deploying technology solutions and investors across the world are taking note," Chris Levesque, the CEO of TerraPower, said in a statement. Nuclear energy has been undergoing a renaissance because the energy created by nuclear reactors doesnt release the greenhouse gasses that cause climate change. There is, however, long-lasting nuclear waste that has to be stored carefully.
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