Newcleo raises €135.0M Series A round
1 October 2024· Paris, France· energy, nuclear_power, advanced_reactors, waste_management, b2b, deep_hardware, sustainable_energy
The funding was secured as part of the closure of the UK tranche of its Series A capital raise. The company is relocating its headquarters to Paris to deepen European partnerships and tap into funding resources from institutional and industrial investors. Newcleo plans to use the funding to develop new projects and construct a manufacturing plant for reprocessed nuclear waste as well as a prototype reactor in France.
Investors
LeadInarcassa
Also participating
Walter TostoIngérop
About Newcleo
Stage
Series A
Headquarters
Paris, France
Founded
2021
Team Size
500+
Sectors
energynuclear_poweradvanced_reactorswaste_managementb2bdeep_hardwaresustainable_energy