Tae

Alternative Energy Equipment · Lake Forest, CA · Founded 1998 · Privately Held (backing)

Developer of a commercial power management tool designed to offer and commercialize safe and cost-effective fusion power. Tae is based in Lake Forest, CA and was founded in 1998. It is valued at about $2.5 billion as of Oct 2026, set by secondary market price, down 59% since a merger or acquisition in Dec 2025. It has raised $1.8 billion across 5 recorded rounds; the latest was a $200 million later-stage round in Dec 2025.

PMV mark · valuation
$2.5B
Oct 2026
Secondary market · $/share
$45
Total raised
$1.8B
Last round
Later Stage VC
Dec 2025

Tae key facts

as of Oct 2026
  • Developer of a commercial power management tool designed to offer and commercialize safe and cost-effective fusion power.
  • Tae is valued at approximately $2.5B (~$45/share on the secondary market) as of Oct 2026, down 59% since a merger or acquisition, Dec 2025, per PrivateMarketView’s mark.
  • It has raised $1.8B across 5 recorded rounds; the latest was Later Stage VC ($200.0M) in Dec 2025.
  • Notable investors include Capital Factory, New Enterprise Associates, MicroVentures, Kuwait Investment Authority, Alphabet — 43 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$2.5B~$45 per share · secondary market

Down 59% since a merger or acquisition, Dec 2025 ($6.0B post-money).

set by secondary market priceas of Oct 2026question about this number?
Free account
More of Tae with a free account
  • ·The complete investor list: 43 names
  • ·Watch Tae: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Secondary market

monthly marks · 46 months · Jan 2023 – Oct 2026
Current
▮
High
▮
Low
▮
▮▮
Jan 2023marks: indicative $/share, month-end · as of Oct 15, 2026Oct 2026
Monthly marks are a Pro feature — the shape is real, the numbers are waiting.Unlock 46 monthly marks

Membership and data by Private Market View

Tae funding rounds

5 rounds
Dec 2025Later Stage VC$200.0M▮
Jun 2025Undisclosed (late stage)$150.0M▮
Jul 2022Series G-2$250.0M▮
Apr 2021Undisclosed (late stage)$280.0M▮
Feb 2012Later Stage VC (Series D2)$127.0M▮

Tae valuation

Tae is valued at approximately $2.5 billion as of Oct 2026. The figure is set by secondary market price. The secondary market quotes about $45 per share. The reference point is a merger or acquisition in Dec 2025, at a $6 billion post-money valuation; the current figure is down 59% since.

Tae ranks 48th by valuation and 35th by capital raised among the private companies PrivateMarketView tracks.

How much has Tae raised?

Tae has raised $1.8 billion across 5 recorded rounds since 2012. The largest was a $280 million undisclosed (late stage) round in Apr 2021; the most recent was a $200 million later-stage round in Dec 2025.

Tae secondary market activity

A monthly secondary-market price series for Tae runs from Jan 2023 to Oct 2026 (46 months).

Tae investors

43 investors are on record for Tae, including Capital Factory, New Enterprise Associates, MicroVentures and Kuwait Investment Authority. By type, the record holds 7 venture capital firms and 2 family offices. The Series D2 in Feb 2012 drew 3 investors.

Comparable companies

Comparable alternative energy equipment names by valuation on PrivateMarketView: Helion ($15 billion), Radiant ($1.9 billion) and Enpal ($535 million).

About Tae

Developer of a commercial power management tool designed to offer and commercialize safe and cost-effective fusion power. The company leverages proprietary science and engineering and is engaged in delivering sustainable tools in power management, electric mobility, and life sciences, enabling clients and communities to meet and address the growing global energy need and to bring safe, sustainable, cost-competitive, carbon-free fusion power to the grid.

Industry
Alternative Energy Equipment
Sector
Energy
HQ
Lake Forest, CA, United States
Founded
1998
Employees
282
Website
tae.com/
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.