Newcleo, the futurable energy.
Business Model:
Revenue: $0
Employees: 51-500
Address: 2 Portman Street,
City: London
State: england
Zip: W1J 6DU
Country: GB
newcleo is the clean and safe nuclear technology company. Privately funded and headquartered in London, UK, newcleo was launched in 2021 to be a disruptor in the field of nuclear energy. Its mission is to generate safe, clean and inexhaustible energy for the world, through a radically innovative combination of existing, accessible technologies. newcleo is building the next generation system with the goals to: (1) eliminate the need for geological repositories by using a fast neutron flux avoiding production of long life radioactive elements; (2) develop an Accelerator Driven System (ADS), based on the intrinsically safe coupling of a particle accelerator and a sub-critical reactor; (3) accelerate the development of new fuel cycles, including thorium, that provide economic, clean, safe and inexhaustible energy from nuclei and the opportunity to burn the long-lived nuclear waste produced by the old generation of nuclear reactors. With visionary co-founders, newcleo brings together a team of engineers with deep knowledge of nuclear energy with younger recruits with a fresh mindset, working to design an innovative micro Lead Fast Reactor with significant commercial applications, for example in shipping. newcleo wants to be the first step toward the evolution of its industry to become fully respectful of people and the environment. To develop a new, sustainable, and completely safe way of generating nuclear energy that will lead humanity to zero emissions, and to the mitigation of global warming.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2022 | Venture Round | $315.5M | 8/2021 | Seed Round | $0 |
Club degli Investitori Exor Seeds LIFTT Club degli Investitori Exor Seeds LIFTT |
6/2022 | Equity | $314.7M | 8/2021 | Seed Round | 3 | $118M |
Club degli Investitori Exor Seeds LIFTT Club degli Investitori Exor Seeds LIFTT |
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Announced Date | Name | Price |
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8/2021 | Hydromine Nuclear Energy |
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