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newcleo

Nuclear Electric Power Generation · United States

Website

About newcleo

Developing Lead Fast SMRs to provide the world with a safe, stable power source and reduce volumes of radioactive waste

Industry
Nuclear Electric Power Generation
Company size
501-1,000 employees
Headquarters
Paris, Île-de-France
Founded
2021
Company type
Privately Held

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 70m group turnover in 2024, EUR 645m of private funding and over 100 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 900 highly qualified employees across France, the U.S., 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.

Company locations

  • 3, Place des Pyramides, Paris, Île-de-France 75001, FR

  • 55 S Audley Street, London, England W1K 2QH, GB

  • Via Galliano 27, Turin, 10129, IT

  • 9, Rue des Cuirassiers, Lyon, Auvergne-Rhône-Alpes 69003, FR

Locations listed on the company profile. These may include offices outside the United States, and not every location is hiring.

Business areas

  • Fossil Fuels
  • Energy Management
  • Clean Energy
  • Nuclear
  • Energy

On LinkedIn

Followers
68,674
People linked to this company
611

People who list this company on LinkedIn, not a verified employee count. Figures reflect the saved company profile.

Funding raised

765,742,515 USD

Total reported by Crunchbase, in US dollars. This is funding raised, not company revenue or valuation.

Employer category

Other employer

Estimated from the company profile. This category has not been confirmed by the employer.