TAE Technologies was founded by Glenn Seaborg, Hendrik Monkhorst, and Norman Rostoker. TAE Technologies has not officially endorsed a plan to participate in an IPO.
TAE Technologies is an engineering technology company that uses proprietary sciences to create fusion power sources. Per Forge data, the company raised $1.3 billion in funding over 16 rounds. Their latest funding was raised on Jul 19, 2022, from a Series G round. Key investors include RUSNANO, Venrock, and Vulcan Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/19/2022 | Series 12 | $157.34MM | $xx.xx | $4.96B | Chevron, Google, New Enterprise Associates, Reimagined Ventures, Sumitomo Corporation Of Americas, Tiff Investment Management | |
Price per Share
$xx.xx
Shares Outstanding
3,146,790
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chevron, Google, New Enterprise Associates, Reimagined Ventures, Sumitomo Corporation Of Americas, Tiff Investment Management
|
||||||
07/19/2022 | Series 11 | $92.66MM | $xx.xx | $4.96B | Chevron, Google, New Enterprise Associates, Reimagined Ventures, Sumitomo Corporation Of Americas, Tiff Investment Management | |
Price per Share
$xx.xx
Shares Outstanding
926,605
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
2.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chevron, Google, New Enterprise Associates, Reimagined Ventures, Sumitomo Corporation Of Americas, Tiff Investment Management
|
||||||
04/09/2021 | Series 10 | $153.49MM | $xx.xx | $3.07B | Alphabet, Kuwait Investment Authority, New Enterprise Associates, Parkway Venture Capital, Venrock, Vulcan Capital, Wellcome Trust | |
Price per Share
$xx.xx
Shares Outstanding
2,361,438
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.3x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alphabet, Kuwait Investment Authority, New Enterprise Associates, Parkway Venture Capital, Venrock, Vulcan Capital, Wellcome Trust
|
||||||
02/27/2017 | Series 9 | $221.02MM | $xx.xx | $2.13B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,420,303
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
01/01/2015 | Series 8 | $96.08MM | $xx.xx | $1.39B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,402,104
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
02/01/2013 | Series 7 | $127MM | $xx.xx | $816.17MM | The Rusnano Group | |
Price per Share
$xx.xx
Shares Outstanding
5,080,000
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
The Rusnano Group
|
||||||
08/01/2010 | Series 6 | $84.96MM | $xx.xx | $465.59MM | New Enterprise Associates | |
Price per Share
$xx.xx
Shares Outstanding
4,530,998
Liquidation Pref Order
7
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
New Enterprise Associates
|
||||||
05/21/2007 | Series 5 | $40MM | $xx.xx | $241.86MM | Goldman Sachs, Venrock, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,200,000
Liquidation Pref Order
8
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Goldman Sachs, Venrock, Vulcan Capital
|
||||||
11/14/2005 | Series 4 | $50.22MM | $xx.xx | $186.87MM | Venrock, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,021,835
Liquidation Pref Order
9
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Venrock, Vulcan Capital
|
||||||
09/08/2003 | Series 3 | $9.79MM | $xx.xx | $48.39MM | Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,958,592
Liquidation Pref Order
10
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Vulcan Capital
|
||||||
01/07/2003 | Series 2 | $1.14MM | $xx.xx | $28.58MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
228,900
Liquidation Pref Order
11
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
07/12/2002 | Series 1 | $3MM | $xx.xx | $12MM | Paul Allen | |
Price per Share
$xx.xx
Shares Outstanding
1,200,000
Liquidation Pref Order
12
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Paul Allen
|