Deep Tech Robotics Firm AssetCool Secures £10M to Revolutionize Global Power Grids
July 8, 2025, 9:38 pm
AssetCool, a UK deep tech innovator, secured £10 million Series A funding. The company pioneers robotic application of nanomaterials to power lines. This technology boosts grid capacity by up to 30%, making upgrades faster and 20 times cheaper. It directly tackles global grid congestion and aging infrastructure, crucial for energy transition. Investors include Energy Impact Partners. AssetCool targets global expansion, enhancing grid efficiency and resilience worldwide.
London, UK – AssetCool, a British deep tech company, has secured a significant £10 million Series A funding round. This capital infusion propels its mission to transform global energy infrastructure. The Leeds-based firm specializes in advanced robotics and specialized coatings for power lines. Its innovative platform promises faster, more affordable grid upgrades worldwide.
Grid operators face immense pressure. Electricity demand surges. Existing infrastructure ages. Conventional grid upgrades are slow, expensive, and logistically complex. These traditional methods involve extensive construction. They often require years to complete. They present a major bottleneck in the ongoing energy transition. Building new power lines is a monumental undertaking. AssetCool offers a compelling alternative.
AssetCool’s core innovation lies at the intersection of robotics and materials science. The company develops a proprietary coating platform. This platform applies thermal-management nanomaterials directly onto power lines. These advanced materials enhance the lines' thermal performance. They boost electrical capacity. The result: increased efficiency for transmission network operators.
Their "CapacityN" robotic platform enables rapid deployment. These specialized robots navigate overhead lines. They apply a range of functional coatings. These coatings address common grid constraints. They increase capacity. They reduce noise. They combat corrosion. The robots also collect crucial physical data. This data is analyzed with artificial intelligence. Utilities gain actionable insights. This holistic approach targets multiple pain points for grid operators.
The benefits are substantial. AssetCool's solution can increase overhead line capacity by up to 30 percent. It achieves this at a fraction of the cost. The technology is up to 20 times cheaper than conventional methods. Deployment occurs in a fraction of the time. This speed and cost-effectiveness are game-changers. Grid operators can respond quickly to rising demand. They can enhance grid resilience without massive capital expenditure.
The oversubscribed funding round was led by Energy Impact Partners (EIP). EIP is a leading investor in the new energy economy. Other participants included Extantia Capital and Taronga Group. Existing investor Northern Powerhouse Investment Fund, managed by Mercia Ventures, also contributed. Additional support came from Kero Development Partners and Northern Gritstone. This diverse investor group signals strong confidence in AssetCool’s disruptive potential.
Energy Impact Partners identified AssetCool as a market leader. The firm noted AssetCool’s unique ability to deliver substantial capacity upgrades. These upgrades are faster and more cost-effective than any alternative. EIP plans to leverage its extensive utility network. This network will support AssetCool’s global scaling efforts. The partnership aims to accelerate market penetration.
AssetCool was founded in 2016. Dr. Niall Coogan serves as CEO and co-founder. The company's technical team boasts deep expertise. PhDs in Physics, Mechatronics, Synthetic Chemistry, and Computer Science drive its innovation. This multidisciplinary approach underpins its cutting-edge solutions. They combine scientific rigor with real-world application experience.
AssetCool's technology is already proven. It has been successfully deployed with multiple utilities. These partnerships span across the globe. The company’s comprehensive approach covers the entire grid upgrade value chain. This includes formulating novel coatings. It extends to applying them on new and existing overhead lines. It also encompasses ongoing performance validation.
The company focuses intently on improving the grid's physical layer. Specifically, it targets overhead systems. AssetCool enhances existing infrastructure. It avoids costly and time-consuming rebuilds. This strategy aligns perfectly with urgent global energy transition goals. Utilities seek efficient pathways to modernize grids. They need to integrate more renewable energy. They must support rising electrification. AssetCool provides a vital tool for these objectives.
AssetCool is poised to become a dominant force. It addresses a critical infrastructure gap. Its robotic solutions offer unprecedented speed and efficiency. The demand for robust, high-capacity power grids will only grow. AssetCool’s proprietary technology provides a sustainable path forward. It enhances grid efficiency. It boosts resilience. It contributes significantly to a greener energy future. The funding round marks a new era for grid modernization.
London, UK – AssetCool, a British deep tech company, has secured a significant £10 million Series A funding round. This capital infusion propels its mission to transform global energy infrastructure. The Leeds-based firm specializes in advanced robotics and specialized coatings for power lines. Its innovative platform promises faster, more affordable grid upgrades worldwide.
Grid operators face immense pressure. Electricity demand surges. Existing infrastructure ages. Conventional grid upgrades are slow, expensive, and logistically complex. These traditional methods involve extensive construction. They often require years to complete. They present a major bottleneck in the ongoing energy transition. Building new power lines is a monumental undertaking. AssetCool offers a compelling alternative.
AssetCool’s core innovation lies at the intersection of robotics and materials science. The company develops a proprietary coating platform. This platform applies thermal-management nanomaterials directly onto power lines. These advanced materials enhance the lines' thermal performance. They boost electrical capacity. The result: increased efficiency for transmission network operators.
Their "CapacityN" robotic platform enables rapid deployment. These specialized robots navigate overhead lines. They apply a range of functional coatings. These coatings address common grid constraints. They increase capacity. They reduce noise. They combat corrosion. The robots also collect crucial physical data. This data is analyzed with artificial intelligence. Utilities gain actionable insights. This holistic approach targets multiple pain points for grid operators.
The benefits are substantial. AssetCool's solution can increase overhead line capacity by up to 30 percent. It achieves this at a fraction of the cost. The technology is up to 20 times cheaper than conventional methods. Deployment occurs in a fraction of the time. This speed and cost-effectiveness are game-changers. Grid operators can respond quickly to rising demand. They can enhance grid resilience without massive capital expenditure.
The oversubscribed funding round was led by Energy Impact Partners (EIP). EIP is a leading investor in the new energy economy. Other participants included Extantia Capital and Taronga Group. Existing investor Northern Powerhouse Investment Fund, managed by Mercia Ventures, also contributed. Additional support came from Kero Development Partners and Northern Gritstone. This diverse investor group signals strong confidence in AssetCool’s disruptive potential.
Energy Impact Partners identified AssetCool as a market leader. The firm noted AssetCool’s unique ability to deliver substantial capacity upgrades. These upgrades are faster and more cost-effective than any alternative. EIP plans to leverage its extensive utility network. This network will support AssetCool’s global scaling efforts. The partnership aims to accelerate market penetration.
AssetCool was founded in 2016. Dr. Niall Coogan serves as CEO and co-founder. The company's technical team boasts deep expertise. PhDs in Physics, Mechatronics, Synthetic Chemistry, and Computer Science drive its innovation. This multidisciplinary approach underpins its cutting-edge solutions. They combine scientific rigor with real-world application experience.
AssetCool's technology is already proven. It has been successfully deployed with multiple utilities. These partnerships span across the globe. The company’s comprehensive approach covers the entire grid upgrade value chain. This includes formulating novel coatings. It extends to applying them on new and existing overhead lines. It also encompasses ongoing performance validation.
The company focuses intently on improving the grid's physical layer. Specifically, it targets overhead systems. AssetCool enhances existing infrastructure. It avoids costly and time-consuming rebuilds. This strategy aligns perfectly with urgent global energy transition goals. Utilities seek efficient pathways to modernize grids. They need to integrate more renewable energy. They must support rising electrification. AssetCool provides a vital tool for these objectives.
AssetCool is poised to become a dominant force. It addresses a critical infrastructure gap. Its robotic solutions offer unprecedented speed and efficiency. The demand for robust, high-capacity power grids will only grow. AssetCool’s proprietary technology provides a sustainable path forward. It enhances grid efficiency. It boosts resilience. It contributes significantly to a greener energy future. The funding round marks a new era for grid modernization.