Newcleo

London, United Kingdom Founded: 2021 • Age: 5 yrs
Advanced nuclear reactors are designed, built, and operated by Newcleo.
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About Newcleo

Newcleo is a company based in London (United Kingdom) founded in 2021 by Luciano Cinotti, Elisabeth Rizzotti, and Stefano Buono.. Newcleo has raised $684.93 million across 6 funding rounds from investors including Gov.uk, Exor and Liftt. Newcleo has completed 4 acquisitions, including Fucina Italia, Gruppe Rutschi and Hydromine. Newcleo operates in a competitive market with competitors including TerraPower, NuScale Power, X Energy, Oklo and Westinghouse Electric, among others.

  • Headquarter London, United Kingdom
  • Founders Luciano Cinotti, Elisabeth Rizzotti, Stefano Buono
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Newcleo Ltd
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
    $11.38 M (USD)
    0
    as on Dec 31, 2023
  • Net Profit
    $-71.65 M (USD)
    -219
    as on Dec 31, 2023
  • EBITDA
    $-71.4 M (USD)
    -196
    as on Dec 31, 2023
  • Total Equity Funding
    $684.93 M (USD)

    in 6 rounds

  • Latest Funding Round
    $151 M (USD), Series B

    Sep 30, 2024

  • Investors
    Gov.uk

    & 7 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Newcleo
Headcount 10-50
Employee Profiles 79
Board Members and Advisors 4
Employee Profiles
People
Andrea Barbensi
LFR Engineering Director
People
Luigi Sportiello
Head Of Information Technology Operations
People
Michele Raimo
Safety & Radioprotection Engineer
People
John Fenwick
Chief Information Officer

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Board Members and Advisors
people
Raffaele Petrone
Director
people
Ruben Levi
Director
people
Corine Raoux-Fontanet
Director
people
Adrienne Kelbie
Director

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Funding Insights of Newcleo

Newcleo has successfully raised a total of $684.93M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $151 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round Series B — $151.0M
  • First Round

    (20 Apr 2021)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2024 Amount Series B - Newcleo Valuation Inarcassa
May, 2024 Amount Series B - Newcleo Valuation

investors

Mar, 2023 Amount Series B - Newcleo Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Newcleo

Newcleo has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Exor and Liftt. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
A network of business angels investing in innovative companies is operated.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Newcleo

Newcleo has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Fucina Italia, Gruppe Rutschi and Hydromine. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of steel machinery, cranes & lifting equipment design, manufacturing, and assembly services
2017
Hydro power project developer
2014
Installation, electrical, and construction design services are provided.
1976
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Newcleo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Newcleo Comparisons

Employees
+
Add Comparison
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Competitors of Newcleo

Newcleo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TerraPower, NuScale Power, X Energy, Oklo and Westinghouse Electric, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Advanced nuclear reactors are designed for low-carbon energy solutions.
domain founded_year HQ Location
Micro modular nuclear reactors are developed for scalable power generation.
domain founded_year HQ Location
Small modular and high-temperature gas-cooled nuclear reactors are developed.
domain founded_year HQ Location
Small modular reactors are developed for advanced nuclear energy solutions.
domain founded_year HQ Location
Small modular reactors are developed for nuclear power applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Newcleo

Frequently Asked Questions about Newcleo

When was Newcleo founded?

Newcleo was founded in 2021.

Where is Newcleo located?

Newcleo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Newcleo?

Stefano Buono is the current CEO of Newcleo. They have also founded this company.

Is Newcleo a funded company?

Newcleo is a funded company, having raised a total of $684.93M across 6 funding rounds to date.

What is the annual revenue of Newcleo?

Annual revenue of Newcleo is $11.38M as on Dec 31, 2023.

What does Newcleo do?

Newcleo was founded in 2021 and is headquartered in London, United Kingdom. Operations are centered in the nuclear energy sector, where Generation IV small modular lead-cooled fast reactors are developed. Innovative reactor designs and circular nuclear energy solutions are pursued to support industry advancements. Engineering and technology integration are emphasized across design, construction, and operational phases.

Who are the top competitors of Newcleo?

Newcleo's top competitors include TerraPower, X Energy and NuScale Power.

How many acquisitions has Newcleo made?

Newcleo has made 4 acquisitions, including Fucina Italia, Gruppe Rutschi, and Hydromine.

Who are Newcleo's investors?

Newcleo has 8 investors. Key investors include Gov.uk, Exor, Liftt, MITO Technology, and Inarcassa.

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