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Newcleo develops nuclear technology to extract energy from radioactive waste.
Newcleo develops Generation IV nuclear reactors that use plutonium, uranium, and other materials from radioactive waste to produce energy. Founded in 2021 by Stefano Buono, Luciano Cinotti, and Elisabeth Rizzotti, it is based in Paris, France, with offices in the UK and Italy. The company reported venture funding of EUR 300 in June 2022 and USD 85 million in February 2026. Funding is intended to support fuel production, nuclear sites, research infrastructure, and US growth.
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