May Private Market Update
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 01/28/2025 | Series F | $346.4MM | $xx.xx | $5.43B | Capricorn Investment Group, Good Ventures, Lightspeed Venture Partners, Mithril Capital, Nucor, Sam Altman, Softbank | |
|
Price per Share
$xx.xx
Shares Outstanding
4,776,040
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capricorn Investment Group, Good Ventures, Lightspeed Venture Partners, Mithril Capital, Nucor, Sam Altman, Softbank
|
||||||
| 01/28/2025 | Series F-1 | $78.6MM | $xx.xx | $5.43B | Capricorn Investment Group, Good Ventures, Lightspeed Venture Partners, Mithril Capital, Nucor, Sam Altman, Softbank | |
|
Price per Share
$xx.xx
Shares Outstanding
1,083,709
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capricorn Investment Group, Good Ventures, Lightspeed Venture Partners, Mithril Capital, Nucor, Sam Altman, Softbank
|
||||||
| 09/27/2023 | Series E-1 | $35MM | $xx.xx | $4.57B | Nucor | |
|
Price per Share
$xx.xx
Shares Outstanding
558,015
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Nucor
|
||||||
| 11/05/2021 | Series E | $490MM | $xx.xx | $3.6B | Capricorn Investment Group, Dustin Moskovitz, Mithril Capital, Sam Altman | |
|
Price per Share
$xx.xx
Shares Outstanding
11,718,332
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capricorn Investment Group, Dustin Moskovitz, Mithril Capital, Sam Altman
|
||||||
| 01/01/2020 | Series D | $39.82MM | $xx.xx | $1.25B | Dustin Moskovitz | |
|
Price per Share
$xx.xx
Shares Outstanding
1,747,392
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dustin Moskovitz
|
||||||
| 01/01/2019 | Series C | $10MM | $xx.xx | $516.2MM | Capricorn Investment Group | |
|
Price per Share
$xx.xx
Shares Outstanding
1,075,163
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capricorn Investment Group
|
||||||
| 06/09/2015 | Series B | $21.23MM | $xx.xx | $37.88MM | Capricorn Investment Group | |
|
Price per Share
$xx.xx
Shares Outstanding
30,098,398
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capricorn Investment Group
|
||||||
| 08/14/2014 | Series A-1 | $199,997.29 | $xx.xx | $22.09MM | Mithril Capital Management, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
77,002
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Mithril Capital Management, Y Combinator
|
||||||
| 08/14/2014 | Series A | $1.25MM | $xx.xx | $22.09MM | Mithril Capital Management, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
1,741,674
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Mithril Capital Management, Y Combinator
|
||||||
| 08/14/2014 | Series A-2 | $49,989.70 | $xx.xx | $22.09MM | Mithril Capital Management, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
308,008
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Mithril Capital Management, Y Combinator
|
||||||
According to the non-profit International Energy Agency, nearly $2 trillion will be invested in clean energy technologies and infrastructure worldwide by the end of this year. The United States’ share includes almost $315 billion of that investment with business and government entities fueling the surge.
A company on the vanguard of producing a new form of electrical energy has secured a powerful customer that once transformed its industry.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Commonwealth Fusion | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Fervo Energy | -- | -- | $xx.xx | Series D-3 | $1.45B | $xx.xx | $134.5MM |
 | Last Energy | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Mainspring | -- | -- | $xx.xx | Series F | $973.71MM | $xx.xx | $229.38MM |
 | May Mobility | -- | -- | $xx.xx | Series E | $1.51B | $xx.xx | $150MM |
 | Rondo Energy | -- | -- | $xx.xx | Series B | $546.94MM | $xx.xx | $157.88MM |
 | TAE Technologies | $18.93 | +2.32% | $xx.xx | Series 11 | $4.96B | $xx.xx | $92.66MM |
 | Terabase Energy | -- | -- | $xx.xx | Series C-1 | $349.53MM | $xx.xx | $125.34MM |
 | Twelve | $4.89 | +95.60% | $xx.xx | Series C-4 | $1.32B | $xx.xx | $5MM |
 | X-energy | -- | -- | $xx.xx | -- | -- | -- | -- |
Updated on: Feb 13, 2025
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