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AssetCool

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Increasing the performance of electricity networks while reducing energy losses, cost and emissions

Leeds, United KingdomFounded 2016Energy
Valuation $50–100M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for AssetCool and the history behind them.

About AssetCool

AssetCool is a pioneering company focused on enhancing the performance of electricity networks through advanced photonic coatings. These coatings are designed to increase the capacity of electricity networks while simultaneously reducing energy losses, costs, and carbon emissions. The company's primary market includes grid operators and utility companies who are looking to improve efficiency and sustainability in their operations. AssetCool's business model revolves around the development and sale of these specialized coatings, which leverage the cooling properties of outer space to maintain lower temperatures in overhead power lines. This results in lower power losses and a reduced carbon footprint for grid operators. The company generates revenue through the upfront sale of its coatings and ongoing operational savings for its clients. AssetCool's technology emerged from research in spectrally selective coatings for solar heating panels and advancements in nanophotonics, enabling the creation of coatings that are both thermally emissive and solar reflective. The potential applications for this technology are extensive and global, offering significant benefits across numerous markets.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Leeds, United Kingdom
Employees
63
Open positions
10
Dealroom signal
90.5/100
Sub-industry
Energy Providers
Sector
Energy, Smart Grid, Spinout, Sustainable Development Goals, Coating Technology, Climate Tech, Semiconductor Designers and Manufacturers, Photonics Tech, Grid Technology
Technology
Hardware, Deep Tech, Nanotech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SUPPORT PROGRAM✓Other financing May 2026 $0 — Third Derivative ↗
SERIES A✓Equity / VC Jul 2025 $13M $53M Mercia Ventures · Energy Impact Partners · Elewit · Extantia Capital ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

AssetCool website traffic

Latest recorded traffic for AssetCool is 2.2K monthly website visits, up 358.3% over the last three months. AssetCool's team grew 31.3% over the past year.

Latest monthly visits2.2K 3-month web change+358.3% 1-year team growth+31.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • UK Research and Innovation

Series A8 investors entered at this stage

  • Northern Gritstone
  • Northern Powerhouse Investment Fund
  • Kero Development Partners
  • Elewit
  • Energy Impact Partners
  • Mercia Ventures
  • Extantia Capital
  • Taronga Group

Other known investors3 additional known investors

  • The University of Manchester
  • Third Derivative
  • Royal Academy of Engineering Enterprise Hub
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇬🇧 United Kingdom84.2%
🇮🇳 India8.8%
🇺🇸 United States3.5%
🇪🇸 Spain1.8%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about AssetCool on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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