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Leeds-based AssetCool raises €11.5M to tackle power grid bottlenecks with smart coating technology

  • Leeds-based AssetCool has secured nearly €11.56M in a Series A funding round led by Energy Impact Partners.
  • AssetCool focuses on improving overhead power line capacity through smart coating technology to address grid congestion during the energy transition.
  • The company develops coatings and robotic systems to enhance grid infrastructure performance, enabling capacity boosts of up to 30% at a fraction of traditional costs and time.
  • AssetCool's technology has been recognized by multiple utilities globally for providing capacity and resilience enhancements without requiring extensive upgrades.

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