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- Bill Gates-Backed TerraPower's $650M & More Funding Rounds! 🚀
Bill Gates-Backed TerraPower's $650M & More Funding Rounds! 🚀
Seed Radar
June 20, 2025
Issue #10 • June 20, 2025
Hi Seedradar Squad! This week's tech landscape is defined by pivotal moments for innovative tech startups and significant funding rounds. From TerraPower's massive funding to AI healthcare assistant Nabla securing its Series C round, capital continues to fuel growth across diverse sectors.
Also, we're tracking a variety of trending AI tools designed to supercharge your workflow and highlighting hot startup jobs. Explore how the latest advancements are shaping industries and creating new opportunities.
Image courtesy of TerraPower
💡 TerraPower Lands $650M from NVIDIA's VC Arm and Bill Gates
Next-generation nuclear power company TerraPower, founded by Bill Gates, announced it has closed a $650 million funding round. The investment includes new investor NVentures, the venture capital arm of NVIDIA, alongside existing investors.
The capital will be used to advance the development and construction of its Natrium reactor technology, which pairs an advanced nuclear reactor with a gigawatt-scale energy storage system. The investment signals growing confidence from the tech industry in nuclear energy as a vital, carbon-free power source for the massive energy demands of AI and data centers.
🧠 AI Healthcare Assistant Nabla Secures $70M in Series C Funding
Nabla, a company building an AI assistant for clinical care, raised $70 million in a Series C round, bringing total funding to $120M. The round was led by HV Capital, with participation from Highland Europe, DST Global, and existing investors.
The funding will be used to expand its agentic AI capabilities deeper into clinical workflows, aiming to reduce clinician burnout and automate administrative tasks. This involves enhancing its platform to handle tasks like real-time coding support, initiating EHR actions, and adapting to various clinical roles to improve efficiency.
💰 Snapshots: What Else Is Happening?
• Nomadix launched a new cloud-native Energy Management Solution featuring smart wireless thermostats at HITEC. The company also debuted its new EG 5K Internet Gateway, designed to provide secure Wi-Fi for midsize properties with up to 5,000 connected devices. - Read More • Amadeus announced a new partnership with the World Sustainable Hospitality Alliance at HITEC. The collaboration aims to expand a global program focused on creating employment opportunities for youth within the hospitality industry. - Read More • Supply Wisdom announced it has raised a $14 million Series B funding round. The investment, led by Jurassic Capital, will be used to enhance its platform that helps enterprises monitor and mitigate supply chain and third-party risks. - Read More • Ramp is reportedly raising $200 million in a new funding round. The round is said to be led by existing investor Founders Fund. This new financing would value the company at $16 billion and highlights a growing trend of insider-led VC rounds. - Read More
💰 Biggest Sharks of the Week!
️🔥 NVentures -Participated as a new investor in the $650 million funding round for Bill Gates' advanced nuclear energy company, TerraPower, signaling a strategic bet on nuclear power for AI's energy needs. - Read More
️🔥 HV Capital -Led the $70 million Series C funding round for Nabla, an AI-powered clinical assistant, to help the startup expand its agentic AI capabilities into healthcare workflows. - Read More
️🔥 Stripe -Led the $70 million Series D funding round for open-source product analytics startup PostHog, a deal that reportedly originated from a single tweet by Stripe's CEO. - Read More
️🔥 Costanoa Ventures -Led the $12 million seed funding round for Tensec, a fintech startup building a no-integration platform to modernize cross-border payments for small and medium-sized businesses. - Read More
🚀 Startup Radar: Movers, Shakers & Future Makers
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🛠️ Trending AI Tools to Supercharge Your Workflow!
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🧠 Friday Quote!
"The shift toward agentic AI that can autonomously resolve service requests rather than just route them represents a critical evolution in support operations."
💼 Join the Revolution: Hot Startup Jobs!
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💼 Resource of the Week: Google Cloud for Startups!
☁️ Google Cloud for Startups - AI Solution Generator
Google Cloud provides startups with resources, including free credits and an AI Solution Generator that offers recommendations for AI tools and services on their platform to build and scale.
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