What is Newcleo?
Founded by physicist-entrepreneur Stefano Buono, Newcleo is positioned at the forefront of the nuclear energy transition. The company specializes in the design and deployment of AMRs that utilize reprocessed nuclear waste as fuel, effectively addressing both energy security and waste management challenges. By leveraging a global network of technical expertise and strategic industrial partnerships, Newcleo is building a robust ecosystem capable of manufacturing and operating next-generation nuclear infrastructure. Its market position is defined by a unique synthesis of advanced physics, circular economy principles, and a commitment to decarbonizing the global energy grid.
How much funding has Newcleo raised?
Newcleo has raised a total of $521.8M across 3 funding rounds:
Angel/Seed
$118M
Unspecified
$315.8M
Other Financing Round
$88M
Angel/Seed (2021): $118M with participation from Club degli Investitori, LIFTT, and Exor Seeds
Unspecified (2022): $315.8M, investors not publicly disclosed
Other Financing Round (2026): $88M supported by Walter Tosto SpA, Azimut Investments, Orion SpA, CERN, Danieli, Indaco, Cementir, NextChem, and Kairos International Sicav
Key Investors in Newcleo
Club degli Investitori
The most active network of business angels in Italy, providing both financial backing and professional expertise to innovative startups and scale-ups.
Indaco
A leading independent Italian venture capital firm managing significant assets with a focus on high-growth technology, robotics, and digital sectors.
NextChem
The Maire Tecnimont Group's specialized entity for green chemistry and energy transition, focusing on circular economy technologies and emission reduction.
What's next for Newcleo?
With this latest round of financing, Newcleo is set to intensify its operational roadmap, focusing on the scaling of its manufacturing capabilities and the advancement of its reactor prototypes. The company will likely prioritize the strengthening of its nuclear supply chain, utilizing the capital to deepen collaborations with industrial partners in the metal and chemical sectors. As the firm moves toward commercialization, the focus will shift to regulatory milestones and the deployment of pilot projects, ensuring that its modular technology can be integrated seamlessly into existing energy frameworks to meet the rising demand for reliable, carbon-free power.
See full Newcleo company page
