Participated · Series A · Jul 2025

AssetCool develops a proprietary coating platform and robotic deployment system that applies advanced nanomaterial coatings to new and existing overhead conductors. Its CapacityN robotic platform can rapidly apply a range of functional coatings to address constraints such as limited capacity, noise, and corrosion while also collecting physical data for AI-driven analysis. AssetCool says its coatings can increase line capacity by up to 30% and be up to 20 times cheaper than conventional upgrades, with much faster deployment. The company has already deployed its technology with multiple utilities worldwide and plans to scale its robotics and coatings globally. Management frames the business as improving the physical layer of the grid without rebuilding it, combining materials science, robotics, and data services. The company recently closed a funding round to support that global scaling and ongoing product development. AssetCool is a UK-based climate tech company developing a durable photonic materials-based coating designed to cool overhead power lines, reducing energy losses, costs and emissions. Its core product can be retrofitted to existing electricity networks and the company has developed in-situ application techniques including aerial coating robots. AssetCool says the coating increases the capacity and efficiency of transmission networks and can help facilitate electrification. The company was founded by Dr. Niall Coogan (Managing Director) and Barry Johnston and has links to the Universities of Manchester and Leeds. AssetCool has raised a £2.25 million Series A to support commercial rollout and further development of its retrofit techniques for power stations. The funding is intended to accelerate deployment of its photonic coating and related application technology.

Participated · Series B · Nov 2024

Ampd Energy manufactures the Enertainer and Ampd Silo battery energy storage systems (ESS) alongside connectivity software and data science to electrify, connect, and optimize industrial and construction operations. Its proprietary software provides 24/7 real-time monitoring and problem diagnostics, delivering data-driven insights. The company has deployed more than 300 smart battery units, primarily in construction, across seven countries and has abated over 69,000 tons of CO2 — the equivalent of about 88,000 cars. Ampd’s products target emissions-free power for heavy industries while enabling operational visibility and optimization. The company plans to use new funding to expand decarbonization into new verticals and to target new geographies including the Middle East, Europe, the United States, and Southeast Asia. Growth and geographic expansion will be supported by its partnership with Kibo Invest and Openspace. Ampd Energy manufactures battery energy storage systems and is based in Hong Kong. The company recently secured $8 million in an extension of its Series A round. The funding round was led by returning investors European venture capital firm 2150 and Asian real estate technology investor Taronga Ventures. The articles state the capital is intended to support global expansion. No revenue, user, or other operating metrics were disclosed in the coverage. Further financial or product-roadmap details were not provided in the articles.

Led · Equity · Aug 2024

Enteligent develops solar-powered DC-to-DC bidirectional EV chargers and NMax photovoltaic module-level power optimizers that increase rooftop solar yield and enable direct daytime charging from on-site solar. Its product lineup includes a long-dwell-time 25 kW DC-to-DC fleet charger supplied to a large logistics company and the pre-sale TLCEV T1 EVSE that delivers up to 12.5 kW of DC charging from solar. The company says its DC-coupled chargers avoid AC conversion losses, yielding up to 20% energy savings and recouping as much as 25% of electricity otherwise lost by traditional methods. Enteligent’s NMax MLPE provides rapid shutdown capabilities and panel-level performance data over PLC, producing an average 10% higher electricity yield on typical rooftop installations. The firm plans to use the new capital to scale commercialization of its PV optimizers and DC-to-DC charging platforms. Enteligent was selected for Taronga Ventures’ RealTechX ESG Impact program in 2023 as part of its go-to-market and ESG refinement activities. Enteligent develops solar power optimization and solar electric vehicle (EV) charging technologies, including a proprietary solar optimization platform and a DC-to-DC solar hybrid bi-directional EV charger. Its NMax photovoltaic module power optimizers use smart digital technology to dynamically adjust optimization and provide panel-level monitoring data, increasing rooftop yield, energy harvesting, and system reliability. The company's bidirectional DC solar EV chargers take DC electricity directly from solar, eliminating DC→AC→DC conversions and recouping up to 25% of electricity lost by traditional means. Products are positioned for residential, commercial, and industrial customers to maximize renewable energy output and enable daytime EV charging. Enteligent is led by founder and CEO Sean Burke and is based in Morgan Hill, California. The company raised $7 million in capital to fast-track commercialization of its technologies.

Participated · Series A · Jun 2024

Diraq is an Australian quantum computing company commercializing silicon spin qubits (quantum dots) manufactured on 300 mm CMOS wafers, allowing dense co-integration of quantum and classical control electronics on a single chip. Its qubits run at roughly 1 K—warmer than superconducting approaches—simplifying cryogenic requirements and enabling a server-rack-compatible form factor for hybrid quantum-classical workloads. The firm’s roadmap calls for delivering an initial quantum computer by 2029 and reaching utility-scale performance by 2033, ultimately supporting millions of qubits at a projected cost of under one dollar per qubit. In late 2025, it demonstrated >99 % two-qubit gate fidelity on randomly selected industrial devices and advanced to Stage B of DARPA’s Quantum Benchmarking Initiative. Scaling efforts are reinforced through partnerships with imec, GlobalFoundries, Nvidia, and Dell. The business has grown to more than 70 staff and PhD students across research, development, and commercialization functions in Sydney, Melbourne, Palo Alto, Boston, and Chicago. Revenue figures were not disclosed, but the company has attracted backing from Main Sequence Ventures, Quantonation, and Australian superannuation funds including Hostplus and UniSuper.

Participated · Series C · Aug 2023

Wint provides a water management system combining AI‑enabled software and connected hardware that alerts users to potential leaks and can be configured to automatically shut down where a leak is detected. The platform is sold to facility managers, construction firms, data centers and enterprises looking to bolster carbon‑emission reporting with hard data. Wint says it counts Microsoft, Google, Mastercard, HP and Dell among its customers. The company raised $35M in a Series C round this year after a $15M Series B last year. Management framed the financing as timely given growing concerns around water scarcity, climate change and rising costs of water‑leak damage for insurers, owners, developers and contractors.