newcleo

📍 Paris, France🗓 Founded 2021👥 708 employees💰 Last funded Jan 2024
Since launching in 2021 newcleo has quickly established itself as innovator in the field of nuclear energy. newcleo is working to design, build, and operate Gen-IV Advanced Modular Reactors (AMRs) that are cooled by liquid lead and fuelled by reprocessed nuclear waste. Through an innovative combination of existing and proven technologies, and by reviving a nuclear industry model based on the manufacture and multi-recycling of Mixed Oxide fuel, newcleo aims to close the nuclear fuel cycle while safely producing clean, affordable, and practically inexhaustible energy required for low carbon economies. With a EUR 50m group turnover in 2024, more than EUR 537m of private funding and over 90 partnerships and collaborations across the nuclear industry, the growth of the newcleo group is supported through the targeted acquisition of key companies with strong capabilities in nuclear engineering, manufacturing, and waste management. Through its workforce of over 950 highly qualified employees across France, the UK, Italy, Switzerland and Slovakia, newcleo is not only developing and delivering the skills and services required for the group’s own ambitious project timelines, but also supporting the development of Small Modular Reactor supply chains in Europe and beyond.
7
Total investors
6
Early stage
1
Mid stage
0
Late stage
2021
Founded
Investor geography3 countries
Italy
5
Switzerland
1
Vietnam
1
Investor activity2020–2024 · investors recorded per year
2020120211202232023120241
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Frequently asked questions
Who invested in newcleo?
newcleo has 7 investors on record on gritt.io, including 6 early-stage backers, 1 mid-stage.
When did newcleo last raise funding?
The most recent investment in newcleo recorded on gritt.io was in January 2024.
When was newcleo founded?
newcleo was founded in 2021.
What industry is newcleo in?
newcleo operates in Nuclear Electric Power Generation. Find similar Nuclear Electric Power Generation investors on gritt.io.
Where is newcleo based?
newcleo is headquartered in Paris, France.