--- title: Nuclear Turbines raises £15M for compact reactors it... description: Nuclear Turbines, a Manchester startup spun out of BAE Systems, has raised £15M in a foundational round led by IQ Capital to develop compact nuclear reactors.... canonical: https://daily.dev/posts/nuclear-turbines-raises-15m-for-compact-reactors-it-says-could-undercut-fossil-fuels-wcbluwvc3 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Nuclear Turbines raises £15M for compact reactors it says could undercut fossil fuels | daily.dev og:description: Nuclear Turbines, a Manchester startup spun out of BAE Systems, has raised £15M in a foundational round led by IQ Capital to develop compact nuclear reactors.... og:url: https://daily.dev/posts/nuclear-turbines-raises-15m-for-compact-reactors-it-says-could-undercut-fossil-fuels-wcbluwvc3 og:image: https://api.daily.dev/og/posts/wcBLUwvc3.png og:image:alt: Nuclear Turbines raises £15M for compact reactors it says could undercut fossil fuels og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Nuclear Turbines raises £15M for compact reactors it says could undercut fossil fuels **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Nuclear Turbines, a Manchester startup spun out of BAE Systems, has raised £15M in a foundational round led by IQ Capital to develop compact nuclear reactors. The company's key innovation is replacing conventional steam turbine systems with high-temperature turbine technology borrowed from jet engines, making reactors compact enough to power industrial sites directly. Nuclear Turbines claims its approach could generate electricity at one-fifth the cost of today's nuclear plants and undercut fossil fuel prices — though these remain projections rather than demonstrated results. The raise comes amid growing UK policy support for advanced nuclear and record private capital flowing into European nuclear startups. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [A £35bn plan to build 14 mini nuclear reactors in the UK](https://daily.dev/posts/a-35bn-plan-to-build-14-mini-nuclear-reactors-in-the-uk-rt5ihu9sv) · The Next Web · 0 upvotes · 0 comments - [X-energy rides nuclear wave, raises $700M Series D](https://daily.dev/posts/x-energy-rides-nuclear-wave-raises-700m-series-d-kztva7fvc) · TechCrunch · 0 upvotes · 0 comments - [Britain courts private cash to build small modular reactors](https://daily.dev/posts/britain-courts-private-cash-to-build-small-modular-reactors-xlx6fsoew) · The Register · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#clean-energy](https://daily.dev/tags/clean-energy) [View this post on daily.dev](https://daily.dev/posts/nuclear-turbines-raises-15m-for-compact-reactors-it-says-could-undercut-fossil-fuels-wcbluwvc3) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Nuclear Turbines raises £15M for compact reactors it says could undercut fossil fuels","url":"https://daily.dev/posts/nuclear-turbines-raises-15m-for-compact-reactors-it-says-could-undercut-fossil-fuels-wcbluwvc3","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/nuclear-turbines-raises-15m-for-compact-reactors-it-says-could-undercut-fossil-fuels-wcbluwvc3"},"datePublished":"2026-07-27T11:58:51.376Z","dateModified":"2026-07-27T11:59:14.380Z","description":"Nuclear Turbines, a Manchester startup spun out of BAE Systems, has raised £15M in a foundational round led by IQ Capital to develop compact nuclear reactors....","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/a5b1521b0e4b7d13d7a8ed1ff93d98f0?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/a5b1521b0e4b7d13d7a8ed1ff93d98f0?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/nuclear-turbines-raises-15m-for-compact-reactors-it-says-could-undercut-fossil-fuels-wcbluwvc3","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"startup,clean-energy","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Nuclear Turbines raises £15M for compact reactors it says could undercut fossil fuels"}]} ```