General Matter
General Matter is an energy infrastructure company developing compact, resilient, non-emitting baseload power systems, with a focus on nuclear energy.
Secondary Market Price
Secondary Market Price
How General Matter Measures Up
To help you manage your General Matter equity, Prospect has run the company through our machine learning model.
Prospect Rating
10X
Our rating projects that General Matter has the potential to be worth 10 times its current value within four years. For an employee with equity, this projected growth could mean a significant increase in the value of their stock compensation if the company hits that target.
Exit Risk
High Risk
Our "High Risk" rating for General Matter is due to its early stage as a Series A company, which indicates a higher probability compared to other startups that it may not reach a liquidity event for its employees.
Funding Stage
Series A
General Matter's Series A funding means they've successfully moved beyond the early startup chaos and have a proven product. For you, this offers a sweet spot of joining an established team while still having a major opportunity to influence the company's growth.
Secondary Market Price Chart
Create a free account to unlock real-time secondary market prices and future projections of General Matter's value.
Sign up to Unlock the Latest DataData will be available soon.
Sign up to receive notifications when it is available.
Prospect Projected Future General Matter Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for General Matter's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
General Matter is an energy infrastructure company that develops compact and resilient systems for scalable power generation. The company's technology utilizes non-emitting baseload power sources, with a focus on strengthening America’s capacity in nuclear energy to support critical applications such as computing, industrial manufacturing, and operations in remote environments. It primarily serves the industrial, government, and defense sectors. Founded in 2024 by Scott Nolan and Lee Robinson, the company is based in San Francisco, California.
The startup has recently gained notice, underscored by a December 2024 Reuters article about a former SpaceX engineer seeking to end the U.S. scarcity of special uranium fuel. In April 2025, General Matter raised $50 million in a Series A funding round from investors that include Founders Fund and In-Q-Tel. This financing supports the company's plans to deploy its energy infrastructure to help industrial, government, and defense clients meet rising energy demands with secure and consistent power.
- Founders Fund
- Gigascale Capital
- Refactor Capital
- Starlight Ventures
- Co-Founder, CEO Scott Nolan
- Co-Founder, Executive Title Lee Robinson
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is General Matter worth joining?
As a high-risk, Series A startup, General Matter offers significant growth potential but also carries inherent uncertainty. To determine if it aligns with your career goals, you can use platforms like Prospect to analyze its potential against other opportunities in the market.
What should I do with my General Matter stock?
Managing equity in a private company like General Matter requires careful planning around taxes, timing, and personal financial goals. Equity management platforms provide tools to help you create an optimized strategy for exercising options and maximizing the potential value of your holdings.
Can you sell General Matter stock?
Because General Matter is a private company, its stock is not traded on public exchanges and is considered illiquid. Employees may sometimes sell shares through secondary markets, and platforms like Prospect offer data to help shareholders navigate these transactions.
How can I find the value of my General Matter stock?
The value of private stock is primarily based on the company's most recent 409A valuation and its latest funding round, which for General Matter is between $100M and $500M. To understand what your specific shares might be worth, you can use financial modeling tools that project equity value based on company performance and market data.
What is General Matter's equity worth?
General Matter is a Series A company with a valuation estimated to be between $100 million and $500 million. The exact worth of an individual's equity stake is dependent on the total number of shares issued and their specific percentage of ownership.
What is General Matter's stock ticker symbol?
General Matter is a privately held company and is not listed on any public stock exchange. Therefore, it does not have a stock ticker symbol.
Can I buy or sell General Matter stock?
As General Matter is a private company, its stock is not available for purchase on public markets and can generally only be bought by accredited investors during funding rounds. Selling shares is also restricted and typically occurs through private secondary market transactions, which can be complex.
What is the criteria to buy or invest in General Matter stock?
Investment in a private, venture-backed company like General Matter is typically restricted to institutional funds and accredited investors participating in organized financing rounds. The company does not offer its shares for purchase to the general public.
