CORE POWER (UK) Ltd Valuation, Funding & Investors

CORE POWER (UK) Ltd is valued at $350M as of October 2022.

Last CORE POWER (UK) Ltd valuation

$350M

Series B · Oct 2022

Last CORE POWER (UK) Ltd funding round

$85M

Series B · Oct 2022

Cumulative funding CORE POWER (UK) Ltd raised

$105M

across 4 funding rounds

CORE POWER (UK) Ltd Overview

About CORE POWER (UK) Ltd

CORE POWER (UK) Ltd is a London-based developer of floating nuclear power plants and propulsion systems for maritime and industrial applications. It advances modular reactor designs in collaboration with shipbuilders and energy firms to enable zero-emission shipping routes and offshore power generation.


Founded

2018

HQ

United KingdomLondon

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$350M (Oct 2022)

CORE POWER (UK) Ltd Valuation

CORE POWER (UK) Ltd is currently valued at $350M, based on its Series B in October 2022.

CORE POWER (UK) Ltd's valuation has grown 33x from $11M at its Series A in January 2019 to $350M in October 2022, across 3 priced rounds.

CORE POWER (UK) Ltd valuation by funding round

CORE POWER (UK) Ltd valuation by funding round
DateStageValuation
Oct 2022Series B$350M
Dec 2020Undisclosed stage$91M
Jan 2019Series A$11M

CORE POWER (UK) Ltd Funding History

CORE POWER (UK) Ltd has raised a total of $105M across 4 funding rounds.

CORE POWER (UK) Ltd's first fundraising round was a $800K seed round in December 2018. The most recent completed round was a $85M Series B in October 2022.

CORE POWER (UK) Ltd funding rounds

CORE POWER (UK) Ltd funding rounds
DateStageRaisedValuationDeal Summary
Oct 2022Series B$85M$350MCORE POWER (UK) Ltd is a British energy startup developing floating nuclear power plants and civilian maritime nuclear technology. The company, incorporated on 15 October 2019, focuses on other engineering activities (SIC 71129) with its registered office in London. In April 2023, it attracted an $80 million investment from a group of 13 Japanese companies led by Onomichi Dockyard and Imabari Shipbuilding to support a project for building floating nuclear power plants, targeting a commercial version of reactors by 2032. The company has welcomed UK-US agreements to accelerate maritime nuclear deployment and noted UK government investments in shipping decarbonisation.
Dec 2020Undisclosed stage$15M$91M-
Jan 2019Series A$4M$11M-
Dec 2018Seed$800K--

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CORE POWER (UK) Ltd Competitors

CORE POWER (UK) Ltd competitors include listed companies like Terrestrial Energy and Eagle Nuclear Energy, and private ones like Kronos Fusion Energy Incorporated, Type One Energy, Blykalla and Clean Planet.

Public and private companies comparable to CORE POWER (UK) Ltd
CompanyHQStatusRevenueEBITDAValuation
Terrestrial EnergyUnited StatesUnited StatesPublicly listed-($24M)$465M
Eagle Nuclear EnergyUnited StatesUnited StatesPublicly listed-($5M)$183M
Kronos Fusion Energy IncorporatedUnited StatesLos Angeles, CAPrivate--$162M
Type One EnergyUnited StatesGreensboro, NCPrivate--$900M
BlykallaSwedenStockholmPrivate--$115M
Clean PlanetJapanTokyoPrivate--$1.2B

CORE POWER (UK) Ltd Public Comps

CORE POWER (UK) Ltd is still privately-owned, but its public comps include Capricorn Energy, Gas Plus, Gran Tierra Energy, PrimeEnergy Resources, TotalEnergies Marketing Ghana, FTAI Infrastructure, Kistos Holdings, Amplitude Energy, Omega Oil & Gas and Clean Energy Fuels.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Capricorn Energy$136M$55M2.4x2.0x5.9x2.7x
Gas Plus$192M$93M1.8x1.6x3.7x3.1x
Gran Tierra Energy$597M$129M1.4x1.3x6.7x2.4x
PrimeEnergy Resources$186M$107M1.7x1.8x3.0x3.3x
TotalEnergies Marketing Ghana$485M$48M0.7x0.6x7.5x-
FTAI Infrastructure$503M$243M8.2x6.3x17.0x14.5x
Kistos Holdings$216M$99M3.7x2.0x8.1x2.9x
Amplitude Energy$203M($14M)2.0x1.9x(28.8x)2.9x

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Common questions about CORE POWER (UK) Ltd

When was CORE POWER (UK) Ltd founded?CORE POWER (UK) Ltd was founded in 2018.
Where is CORE POWER (UK) Ltd headquartered?CORE POWER (UK) Ltd is headquartered in London, United Kingdom.
Is CORE POWER (UK) Ltd publicly listed?No, CORE POWER (UK) Ltd is a private company.
What is CORE POWER (UK) Ltd's valuation?CORE POWER (UK) Ltd was last valued at $350M in its Series B in October 2022.
How much funding has CORE POWER (UK) Ltd raised?CORE POWER (UK) Ltd has raised $105M across 4 funding rounds.
What was CORE POWER (UK) Ltd's last funding round?CORE POWER (UK) Ltd's last funding round was a $85M Series B in October 2022.
Which companies are comparable to CORE POWER (UK) Ltd?Companies comparable to CORE POWER (UK) Ltd include Terrestrial Energy, Eagle Nuclear Energy, Kronos Fusion Energy Incorporated, Type One Energy, Blykalla and Clean Planet.

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