TeraWulf: Funding, Investors & Team (Oct 2026)
As the world’s first ESG-dedicated crypto mining company, TeraWulf is driven by one goal - perfecting green energy Bitcoin mining. With a vision of sustainability in mind, TeraWulf uses more than 91 percent zero-carbon energy to produce Bitcoin at its mining facilities across the U.S. TeraWulf’s revolutionary paradigm for energy-efficient crypto mining is led by a team of accomplished energy industry entrepreneurs with more than 15 years of experience. Together, our industry-leading development, engineering, and energy markets expertise will pave the path from zero-carbon electrons to cryptocurrency.
TeraWulf has raised $5.8B across 8 funding rounds on record, the most recent an undisclosed round of $1.0B announced in Apr 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
TeraWulf Company Profile and Key Stats
Latest funding round on record: Apr 2026.
TeraWulf Funding Rounds
1 of 8 rounds was announced without a disclosed amount and is excluded from the total.
TeraWulf raised $124M in a Debt Financing announced in Dec 2021.
7 months later, a Post-IPO Debt of $50.0M was announced in Jul 2022.
5 months later, an undisclosed round of $6.7M was announced in Dec 2022.
1.8 years later, an undisclosed round of $487M was announced in Oct 2024.
10 months later, an undisclosed round of $850M was announced in Aug 2025.
2 months later, an undisclosed round of $3.2B was announced in Oct 2025.
2 months later, an undisclosed round was announced in Dec 2025 with no disclosed amount.
4 months later, an undisclosed round of $1.0B was announced in Apr 2026.
TeraWulf Founders and Leadership Team
Contact details for the TeraWulf team: 1 of 3 have an email address on file.
Start 14-day free trial →TeraWulf Funding Compared to Other Energy Startups
TeraWulf's latest round of $1.0B is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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TeraWulf Funding FAQs
What does TeraWulf do?
As the world’s first ESG-dedicated crypto mining company, TeraWulf is driven by one goal - perfecting green energy Bitcoin mining. With a vision of sustainability in mind, TeraWulf uses more than 91 percent zero-carbon energy to produce Bitcoin at its mining facilities across the U.S. TeraWulf’s revolutionary paradigm for energy-efficient crypto mining is led by a team of accomplished energy industry entrepreneurs with more than 15 years of experience. Together, our industry-leading development, engineering, and energy markets expertise will pave the path from zero-carbon electrons to cryptocurrency.
How much funding has TeraWulf raised?
TeraWulf has raised $5.8B across 8 rounds on record. The most recent is an undisclosed round of $1.0B announced in Apr 2026.
When did TeraWulf last raise funding?
TeraWulf's most recent funding round on record is an undisclosed round of $1.0B, announced in Apr 2026.
Who founded TeraWulf?
FundedIQ lists Nazar Khan (Founder), Paul B (Founder), Paul Prager (Founder) at TeraWulf.
Where is TeraWulf headquartered?
TeraWulf is based in Easton, Maryland, United States.
How many employees does TeraWulf have?
TeraWulf is in the 11-50 employee band.
How does TeraWulf's funding compare to other Energy startups?
TeraWulf's latest round of $1.0B is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's TeraWulf Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TeraWulf is left off this page rather than filled in.
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