Newcleo2023-03-10T15:07:39+01:00
Category: Energy

www.newcleo.com
info@newcleo.com

Via Galliano, 27
10129 Torino, Italy
2 Portman Street, W1J 6DU
London, England

NEWCLEO

Futurable Energy

newcleo is the clean and safe nuclear technology company.

Privately funded and headquartered in London, UK, newcleo was launched in 2021 to be a disruptor in the field of nuclear energy. Its mission is to generate safe, clean and inexhaustible energy for the world, through a radically innovative combination of existing, accessible technologies.

newcleo is building the next generation system with the goals to:

  1. eliminate the need for geological repositories by using a fast neutron flux avoiding production of long life radioactive elements;
  2. develop an Accelerator Driven System (ADS), based on the intrinsically safe coupling of a particle accelerator and a sub-critical reactor;
  3. accelerate the development of new fuel cycles, including thorium, that provide economic, clean, safe and inexhaustible energy from nuclei and the opportunity to burn the long-lived nuclear waste produced by the old generation of nuclear reactors.

Round

1° LIFTT Investment

Date: 22/07/2021
Development phase: Seed
LIFTT funding: 1 M€

2° LIFTT Investment

Date: 29/04/2022
Development phase: Seed
LIFTT funding: 3 M€

LIFTT Project Manager
Marco Parlani
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