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3 Latest Announced Rounds

  • $34,000,000
    Seed

    1 Investors

    Technology, Information and Internet
    Jul 4th, 2025
  • $5,500,000
    Seed

    1 Investors

    Software Development
    Jul 4th, 2025
  • $28,500,000
    Series A

    2 Investors

    Venture Capital and Private Equity Principals
    Jul 4th, 2025
$840.57M Raised in 47 Funding Rounds in the past 7 Days - View All

Funding Round Profile

AssetCool

start up
United Kingdom - Leeds, England
  • 04/07/2025
  • Series A
  • $13,648,243

An innovative company dedicated to developing specialised coatings and semi-autonomous application systems for overhead power lines.

Capacity Enhancement
• Development of Photonic Coatings for Overhead Power Lines that Increase Capacity by up to 30%.
• AssetCool’s SE0-N photonic coating range for overhead transmission and distribution lines that increases capacity by up to 30% via simultaneous solar reflectivity and heat dissipation.
• Cooler conductors have lower resistance/lower power losses at a fixed current, or an increased current carrying capacity for a fixed cross-sectional area, up to 30%.

CAPACITY-N Robotic System
• Direct Application of SE0-N coatings to Overhead Conductors can uprate conductors by 30% without reconductoring.
• World leading robotic application technology for overhead lines.

Loss Reduction
• Application of Photonic Coatings to Conductors can reduce losses by up to 10%, saving over 100MWh/km/year.
• Lower conductor temperatures reduce losses by up to 10% due to temperature coefficient of resistance. Substantial performance benefits when deployed on HTLS conductors saving thousands of pounds per kilometre annually.

Proven Technology
• Over four years of field trial data, thousands of hours of standardised accelerated aging, multiple international research papers and live installation case studies.

Manufacturing Excellence
• Proven conductor coating apparatus for installation into cable manufacturing facilities with km scale production demonstrated. Associated Manufacturing Engineering services, SOPs, QA/QC.


Related People

Niall CooganCo Founder

Niall Coogan United Kingdom - Leeds, England

Deeptech VC Entrepreneur | CEO & Co-Founder, AssetCool

Pioneering Functional Coatings & Robotics for Power Grid Innovation

Entrepreneur and innovator with a track record of securing funding across multiple rounds of venture capital funding from global investors and delivering products at industrial scale. Passionate about driving deeptech commercialization at the intersection of functional coatings, robotics, power systems, and manufacturing. Proven ability to take complex, multi-disciplinary technologies from concept to market.

Scaling Deeptech: From R&D to Industrial Deployment

Expert in product velocity, technology commercialization, and manufacturing process optimization, ensuring deeptech innovations scale efficiently from lab to large-scale deployment. Experience in manufacturing engineering, implementing process optimization systems to improve quality, reduce costs, and enable high-volume production and deployment of new technology.

Power Grid Innovation: Increasing Capacity & Reducing Losses

Leading the development of breakthrough technologies that automate power line uprating and maintenance—unlocking significant capacity and efficiency gains without costly infrastructure upgrades. Up to a 30% increase in transmission capacity for 5% of the cost.

Bridging Engineering, Science & Business to Deliver Next-Generation Power Grid Solutions