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
How much has Tae raised?
$1.8Bacross 5 recorded rounds · Feb 2012 – Dec 2025

Most recently, Tae raised $200.0M in its Later Stage VC (Dec 2025).

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Tae round by round

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▮
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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 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.

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Frequently asked about Tae

How much has Tae raised?
Tae has raised $1.8B in total across 5 recorded funding rounds.
When was Tae's last funding round?
Tae's most recent recorded round was Later Stage VC in Dec 2025, raising $200.0M.