(Alliance News) - Newcleo has completed a new EUR75 million funding round, bringing its total capital raised to EUR645 million. The funds will be used to accelerate the development of fourth-generation small modular reactors powered by fuel derived from nuclear waste, according to Il Corriere della Sera on Wednesday.

The operation saw participation from new investors such as Cementir Holding, Danieli & C, and Orion Valves, alongside existing shareholders including Kairos, Indaco Ventures, Azimut Investments, the CERN pension fund, and Walter Tosto. Among the recent additions is NextChem, a MAIRE subsidiary, which joined the capital following its joint venture with Newcleo.

As the newspaper notes, in recent days the company was highlighted by the OECD Nuclear Energy Agency as one of the most promising in the development of fourth-generation reactors, ranking second globally behind U.S.-based TerraPower.

On the industrial front, in October Newcleo signed an agreement with California-based Oklo for the development of nuclear fuel and is also awaiting imminent government approval for the use of plutonium of military origin.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Off-Hours Price	Change	5-day change	Capi.
CEMENTIR HOLDING N.V.	14.51EUR	+1.90%	-4.73%	2.53B
OKLO INC.	48.85USD	-0.85%	-6.70%	8.57B
MAIRE S.P.A.	14.37EUR	+0.56%	-2.77%	5.33B
DANIELI & C. OFFICINE MECCANICHE S.P.A.	68.00EUR	+0.37%	-5.23%	4.69B

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Company Profile

Cementir Holding NV is a multinational company incorporated in the Netherlands operating in the construction materials sector. Through its subsidiaries in 18 countries across the five continents, Cementir specializes in white cement and in the production and distribution of gray cement, ready-mixed concrete, aggregates, concrete products and is active in the processing of urban and industrial waste. The Groupâ€™s products are marketed in more than 70 countries. The Group is a major producer of white cement and has vertically integrated platforms in Scandinavia, Belgium and Turkey.

Employees

2,987

Sector

Construction Materials

Calendar

Earnings release - Q2 2026

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