AssetCool Raises £10M in Series A Funding

Here’s the structured information based on the provided details:

Company:

  • Name: AssetCool
  • Website: AssetCool
  • Location: Leeds, UK

Funding Details:

  • Amount Raised: £10M
  • Funding Series: Series A
  • Date of Fundraise: 03/07/2025

Investors:

  • Lead Investor: Energy Impact Partners (EIP)
  • Other Investors:
    • Extantia Capital
    • Taronga Group
    • Northern Powerhouse Investment Fund (managed by Mercia Ventures)
    • Kero Development Partners
    • Northern Gritstone

Founders/Key People:

  • CEO: Dr. Niall Coogan

Overview:

  • Focus: Advanced robotics and coatings for power lines
  • Technology: Develops robotics and functional coatings for energy infrastructure, enhancing the capacity and efficiency of power lines through nanomaterials.

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2025-07-03 10:48:50