NextChem
Via di Vannina 88/94, Rome, 00156, Italy
Overview
NextChem is the green chemistry subsidiary of Maire Tecnimont, an Italian multinational company specializing in engineering, technology, and energy. NextChem focuses on the energy transition by developing and deploying innovative solutions for sustainable industrial processes. It aims to accelerate decarbonization and promote the circular economy through advanced technologies.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 1
Sector focus
- Carbon Capture
- Chemical
- Energy
- Energy Efficiency
- Environmental Consulting
- Renewable Energy
Investment portfolio
- Newcleo
Participated · Equity · Feb 2026
Newcleo positions itself as the only company with an advanced project to produce nuclear fuel from recycled material and to deploy that capability in the United States. The company has built in Italy a 10 MW electrically heated demonstration machine that mirrors the complexity of a future SMR and recently installed a Fincantieri turbine. Newcleo has formed a U.S. partnership with Oklo and says recent U.S. policy changes have enabled acceleration of its U.S. plans. It is pursuing a U.S. listing via a SPAC merger to access larger pools of innovation capital. Financially, Newcleo reported approximately €209 million of existing capital and has secured €220 million in new subscriptions tied to the proposed merger, with an implied valuation of about €2.4 billion. The company plans to use the proceeds to progress licensing, move toward construction, build its American fuel facility and reactor, and advance projects in Slovakia and France.
Team
Fabio Fritelli
Managing Director
LinkedIn