Nuclear Turbines, a spinout from BAE Systems, has secured £15M in a funding round led by IQ Capital. The funds will be used for design purposes and to build large-scale test rigs.
Amount Raised
£15 Million
Round Type
Venture
ManchesterManufacturingEnergyRenewable EnergyInvestors
Description
Nuclear Turbines has emerged from stealth with a £15M funding round aimed at developing compact modular nuclear systems. Led by IQ Capital, the funding will support design efforts, building large-scale test rigs, and expanding the team. The startup's technology seeks to make clean nuclear power cheaper than fossil fuels. Other investors in the round include Rhapsody Venture Partners, Zero Carbon Capital, and Empirical Ventures.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Nuclear Turbines that raised within 45 days of this round, from Fundz verified event records.
- Rebaba raised $4.6M (Seed) on September 9, 2026.
- Kura Dynamics raised $3.4M (Pre-Seed) on September 7, 2026.
- Credoxys raised an undisclosed amount (Series A) on September 5, 2026.
- Yuma Energy raised $35M on September 1, 2026.
- Zenergize raised $3.5M (Pre-Series A) on September 1, 2026.
- Kyoto Fusioneering raised an undisclosed amount (Series D) on September 1, 2026.
Who to call at Nuclear Turbines, and when
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