FundedIQ
Energy

Newcleo

newcleo is the spotless and safe atomic innovation organization. Secretly financed and settled in London, UK, newcleo was sent off in 2021 to be a disruptor in the field of thermal power. Its central goal is to produce protected, perfect and unlimited energy for the world, through a profoundly inventive blend of existing, open innovations. newcleo is building the cutting edge framework with the objectives to: (1) dispose of the requirement for geographical storehouses by utilizing a quick neutron motion staying away from creation of long life radioactive components; (2) foster an Accelerator Driven System (ADS), in view of the naturally protected coupling of an atom smasher and a sub-basic reactor; (3) speed up the improvement of new fuel cycles, including thorium, that give financial, spotless, protected and endless energy from cores and the chance to consume the extensive atomic waste delivered by the old age of atomic reactors. With visionary fellow benefactors, newcleo unites a group of specialists with profound information on thermal power with more youthful enlisted people with a new mentality, attempting to plan a creative miniature Lead Fast Reactor with critical business applications, for instance in transportation. newcleo needs to be the most important move toward the advancement of its industry to turn out to be completely aware of individuals and the climate. To create a new, feasible, and totally safe approach to producing thermal power that will lead humankind to zero outflows, and to the moderation of an unnatural weather change.

www.newcleo.com London, United Kingdom 101-250 employees
Total raised
$316M
Rounds
1
Latest
Venture - Series Unknown
Jun 2022

newcleo is the spotless and safe atomic innovation organization. Secretly financed and settled in London, UK, newcleo was sent off in 2021 to be a disruptor in the field of thermal power. Its central goal is to produce protected, perfect and unlimited energy for the world, through a profoundly inventive blend of existing, open innovations. newcleo is building the cutting edge framework with the objectives to: (1) dispose of the requirement for geographical storehouses by utilizing a quick neutron motion staying away from creation of long life radioactive components; (2) foster an Accelerator Driven System (ADS), in view of the naturally protected coupling of an atom smasher and a sub-basic reactor; (3) speed up the improvement of new fuel cycles, including thorium, that give financial, spotless, protected and endless energy from cores and the chance to consume the extensive atomic waste delivered by the old age of atomic reactors. With visionary fellow benefactors, newcleo unites a group of specialists with profound information on thermal power with more youthful enlisted people with a new mentality, attempting to plan a creative miniature Lead Fast Reactor with critical business applications, for instance in transportation. newcleo needs to be the most important move toward the advancement of its industry to turn out to be completely aware of individuals and the climate. To create a new, feasible, and totally safe approach to producing thermal power that will lead humankind to zero outflows, and to the moderation of an unnatural weather change.

Newcleo has raised $316M across 1 round. Its most recent round was a Venture - Series Unknown of $316M in Jun 2022. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Jun 19, 2022
Venture - Series Unknown
$316M

Unlock the lead investor and full details for this round.

Unlock funding history →

People

Unlock with plan

Founders, executives, and decision-makers — sourced and refreshed weekly.

Name
Role
LinkedIn

See who runs this company — founders and key execs, with titles and LinkedIn profiles, ready to export.

Unlock people data →

Newcleo is featured in

Similar companies

Highview Power

Established in 2005, Highview Power Storage specializes in creating energy storage solutions for utility and distributed power systems. Using liquid air as a storage medium, Highview can customize Liquid Air Energy Storage (LAES) plants in a range of sizes to meet the needs of a rapidly expanding market worth billions of dollars.

Venture - Series Unknown $171M
Fuuse

Fuuse makes it simple for businesses to switch to electric vehicles, in order to promote more companies adopting this technology.

Venture - Series Unknown $8.0M
Seabound

Seabound's carbon capture method allows professionals to process carbon dioxide on land. The limestone produced by the reaction can be sold directly, or it can be heated to separate carbon dioxide to generate calcium oxide for secondary recycling, and the carbon dioxide will be stored or sold.

Series Unknown $1.5M
Motor Fuel Group

MFG, acquired by Patron in 2011, is the number two independent petrol and convenience retailer in the UK. Through a series of strategic acquisitions, Patron and MFG management have grown the Company from 48 sites in 2011 to a current total of 373 sites, in addition to operating a dealer network of more than 200 sites. These locations operate under the BP, Shell, Texaco and Jet brands and have retail partnerships with Costcutter and Costa Coffee. The Company generated over £1bn of pro forma sales in 2014, and was this year ranked ninth in the Sunday Times Profit Track 100 list, which ranks private companies by profit growth.

Series Unknown $664M
Zenobe Energy

Zenobe Energy produces and creates battery storage systems for electric bus companies, utilities, and businesses in the industrial and commercial sectors. They provide a range of services including grid-connected energy storage, frequency balancing, repurposed battery solutions, and charging services.

Series Unknown $382M
Innovatium

Innovatium is a technology firm with a specialization in sustainable energy.

Series Unknown $4.0M
GridServe

GridServe offers high-quality, comprehensive solutions that provide reliable, affordable, and sustainable energy for critical power infrastructure needs.

Series Unknown $134M
C3 Group

C3 Group focuses on sustainable energy and net zero strategies to assist businesses in cutting costs, decreasing emissions, and reaching their net zero objectives.

Series Unknown $13.0M
RheEnergise

RheEnergise is revolutionizing pumped hydro storage with their High-Density Hydro® technology, aimed at enabling large-scale, long-lasting energy storage projects. By using a high-density fluid instead of water, High-Density Hydro allows for projects to be significantly smaller in size while maintaining the same power output. This innovation from RheEnergise will provide the most cost-effective energy storage option on the market, offering unmatched flexibility for the power grid.

Series Unknown $3.0M
Reconnaissance Energy Africa

ReconAfrica is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia.

Series Unknown $12.1M
ZOEX

ZOEX is creating an advanced clean energy system to be attached to marine structures like Breakwaters and Marine platforms. The design includes proven components with special features for improved power generation and durability. Additionally, the ZOEX ActiveFender provides protection from impacts and improves stability for marine structures. The team has finished the initial design and is now looking for partners and investors to help with the first demonstration project before commercial production.

Seed $450k
Eku Energy

Eku Energy is an internationally diversified energy storage company that uses technology to develop and manage assets to support the provision of clean, reliable energy and promote the shift towards sustainable energy.

Series Unknown $59.9M
Free · Every Monday

Know which startups just got funded. Every week.

Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.

Free. Sent every Monday. Unsubscribe anytime.