Tech Company Financing Transactions
AssetCool Funding Round
On 8/14/2023, AssetCool received $2.9 million in Series A funding from Northern Gritstone, Kero Development Partners and Mercia Fund Management.
Transaction Overview
Company Name
Announced On
8/14/2023
Transaction Type
Venture Equity
Amount
$2,860,000
Round
Series A
Investors
Proceeds Purpose
The fresh funding will fuel the commercial rollout of AssetCool's proprietary coating and see further development of techniques for retrofitting power stations.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Nexus Discovery Way
Leeds, LS2 3AA
UK
Leeds, LS2 3AA
UK
Phone
Website
Email Address
Overview
Our solution emerged from research on spectrally selective coatings for solar heating panels coupled with recent advances in the field of nanophotonics, which allowed new coatings to be simultaneously thermally emissive and solar reflective. We believe the possibilities for its application are extensive and global in numerous markets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Niall Coogan
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