AssetCool 🇬🇧
Robotic systems that apply functional coatings to existing power lines to raise capacity, cut losses and prevent corrosion.
About AssetCool
AssetCool develops robotic systems that enhance the capacity of existing power lines through the application of advanced functional coatings, enabling utilities to upgrade grid infrastructure rapidly without the need for new lines. Their proprietary technologies, including the Capacity-1 robotic platform, focus on increasing ampacity, reducing losses, and preventing corrosion, facilitating significant improvements in grid performance and resilience.
AssetCool is a UK-based company founded in 2016, now around 63 people. FundFinder classes it as DeepTech & Space.
Founded by Niall Coogan (Co-Founder and CEO; University of Manchester), Barry Johnston (Co-Founder & Strategy Director; repeat founder; previously Avington Trout Fisheries, Barry Johnston Ltd; University of Manchester - Manchester Business School).
Its investors also appear on FundFinder's most-active lists for Series A · Generalist (64 funds), Series A · Climate & Sustainability (53 funds), Series A · E-commerce (30 funds).
Company facts from Harmonic and public filings; team backgrounds from public profiles. Refreshed weekly.
Series A · Dec 2025
- Extantia Capittal — Extantia Capital is a climate-first venture capital firm accelerating the path to a decarbonised world · cheques £2M – £10M
- Mercia Asset Management PLC — Seed, Series A and Series B generalist investor. · cheques £500k – £10M