Funding

November 2025 Leeds, UK ​ AssetCool, a company developing the technology to robotically upgrade overhead transmission lines, has been awarded £950,000 through Innovate UK Investor Partnerships Programme to broaden its ambitious portfolio of grid robotics innovations. ​ The project will enable AssetCool to transform the way utilities deploy, operate, and maintain transmission infrastructure by driving down the cost and complexity of getting fleets of robots on overhead lines.​

September, 2025 Leeds, United Kingdom ​ AssetCool, a UK-based deep tech company that has developed advanced robotics and photonic coatings for power lines, has announced that Elewit, the technology platform of Redeia (Spain’s transmission system operator), has joined its Series A funding round as a strategic investor. ​ The £10 million round, led by Energy Impact Partners (EIP) with participation from Extantia Capital, Taronga Group, and Mercia Ventures, now includes Elewit a