AssetCool
Latest round
- Series A
Last raised
- May 2025
Total raised
- $17M
Investors
- 7
About AssetCool
Based in Leeds, UK, and founded in 2016 by founder Niall Coogan, Cable Coatings Limited, doing business as AssetCool, develops and manufactures nanotechnology-based photonic coatings for the energy industry to address the energy trilemma by increasing network performance, reducing power losses, and lowering costs. AssetCool offers photonic coatings to address the challenges posed by modern electricity networks. By lowering overhead line temperatures, increasing conductor ampacity, curbing carbon emissions, and minimising losses, the solution ensures consistent conductor performance across all solar radiation levels. This not only reduces power losses and carbon emissions but also offers substantial cost savings, both in initial capital expenditures (CAPEX) and ongoing operational expenditures (OPEX).
Who invested in AssetCool
7 investors across 2 rounds
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Questions about AssetCool
Who invested in AssetCool?
AssetCool has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AssetCool raised?
AssetCool has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did AssetCool last raise money?
AssetCool's most recent round on record is a Series A, in May 2025.
What does AssetCool do?
Based in Leeds, UK, and founded in 2016 by founder Niall Coogan, Cable Coatings Limited, doing business as AssetCool, develops and manufactures nanotechnology-based photonic coatings for the energy industry to address the energy trilemma by increasing network performance, reducing power losses, and lowering costs.
Where is AssetCool headquartered?
AssetCool is headquartered in Leeds, UK.
Which VCs invest in companies like AssetCool?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back power & utilities companies at AssetCool's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series A
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