Assetcool logo — On a mission to reduce the cost of adding 1MW of capacity to...

Assetcool

On a mission to reduce the cost of adding 1MW of capacity to overhead lines by as much as 95%.

Founded 2016 United Kingdom Leeds, United Kingdom 13 employees Series A Total: $13.75M Industrial

General Information

Company Name Assetcool
Founded Year 2016
Location United Kingdom Leeds, United Kingdom
Employees 13
Industries Industrial
Funding Stage Series A
Social

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About Assetcool

Assetcool, a United Kingdom-based startup founded in 2016, is on a mission to significantly reduce the cost of enhancing the capacity of overhead power lines, aiming for reductions as much as 95%

The company focuses on the development of specialized Photonic Coatings and semi-autonomous systems known for increasing the capacity of overhead power lines by up to 30%. Their signature product, the SE0-N photonic coating, achieves this through a combination of solar reflectivity and heat dissipation. The result is cooler conductors, which not only reduce power losses but also allow for a higher current-carrying capacity.

Assetcool also boasts the CAPACITY-N Robotic System, a cutting-edge technology that applies these coatings directly to conductors, further enhancing capacity without necessitating reconductoring. With proven reduction in losses by up to 10%, the technology offers substantial economic benefits.

Backed by over four years of field data and robust manufacturing practices, Assetcool recently secured a €11.50M Series A investment from esteemed partners like Extantia, Northern Powerhouse Investment Fund, and Energy Impact Partners (EIP).

Taxonomy: Nanotechnology, Coating formulation, Photonic coating, Electricity networks, Power transmission, Energy efficiency, Carbon footprint reduction, Power loss reduction, Thermal management, Renewable energy, Sustainable technology, OPEX savings, CAPEX savings, Corrosion resistance, Environmental impact

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €11.50M 6
Extantia, Northern Powerhouse Investment Fund +4
03 Jul 2025
Series A £2.25M 3
Northern Powerhouse Investment Fund, Northern Gritstone +1
14 Aug 2023

Assetcool Alternatives & Competitors

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FAQ About Assetcool

On a mission to reduce the cost of adding 1MW of capacity to overhead lines by as much as 95%.
Assetcool was founded in 2016.
Assetcool is headquartered in Leeds, United Kingdom.
Assetcool operates in Industrial. Its work centres on Nanotechnology, Coating formulation, Photonic coating and Electricity networks.
Assetcool has approximately 13 employees.
Assetcool has completed 2 funding rounds, raising a total of $13.75M. The latest funding stage is Series A.
Top alternatives and competitors to Assetcool include Solart | Photovoltaic systems, ATG LED Lighting, Modumetal, Inc., Sai Enerji Arge ve Mühendislik Ltd. Şti, Sylvan Source (SSI). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Assetcool and Solart | Photovoltaic systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Assetcool, https://bouncewatch.com/company/assetcool, updated 29 April 2026. When citing, please name BounceWatch and link this page.

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