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Flibe Energy, Inc.

company

About

Liquid fluoride thorium reactor (LFTR) technology developer

  • 11 - 50

Highlights

Total Funding Amount
$2.10M
Funding Rounds
1
Investors
1

Details

Last Funding Type
Grant
Last Funding Money Raised
$2.10M
Industries
Energy,Fuel,Renewable Energy,Water
Founded date
Apr 6, 2011
Number Of Employee
11 - 50
Operating Status
Active

Thorium is the key to creating life-saving medicines to fight cancer and to produce clean, efficient, reliable and sustainable energy. The full potential of thorium is best realized through molten-salt reactor technology, developed at Oak Ridge National Laboratory under Dr. Alvin Weinberg from 1951 until 1976. Flibe Energy has taken the Oak Ridge work and enhanced the design into the liquid-fluoride thorium reactor (LFTR), a molten-salt reactor design that can utilize thorium more effectively and efficiently than ever before. Thorium becomes Earth’s most abundant stored energy resource when used in the LFTR.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2.10M
Flibe Energy, Inc. has raised a total of $2.10M in funding over 2 rounds. Their latest funding was raised on Jul 10, 2018 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 10, 2018 Grant $2.10M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
—
1
Flibe Energy, Inc. is funded by 1 investors. US Department of Energy are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy — Grant
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