Newcleo / London-Based Generation IV Reactor Developer Raises €300M In Capital Equity

Company aims to work on MOX fuel production
London-Based Generation IV Reactor Developer Raises €300M In Capital Equity
Newcleo chief executive officer Stefano Buono. Courtesy Newcleo.
London-based nuclear startup Newcleo, which is looking to develop Generation IV small reactor technology, announced the successful closure of a €300m ($315m) equity raising campaign started in March 2022.

The company said it attracted investor interest “in excess of the available amount”, with around two thirds of investors who had already taken part in an initial capital raise in September 2021. Newcleo managed to raise €100m during an initial capital raising round at the time.

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