Zac brings investment and legal experience from roles at Vannin Capital, National Australia Bank, and Kero Development Partners. He currently serves as managing director at Kero Development Partners.
The oversubscribed round was led by Energy Impact Partners with backing from several climate and technology investors.
"We are laser-focused on doing the hard yards to improve the physical layer of the grid, specifically overhead systems. The AssetCool team is innovating at the nexus between robotics and materials science to bring meaningful improvements to an aging network. We’ve developed a new range of coatings systematically optimised for overhead lines that makes the grid more efficient and resilient – not by rebuilding it, but by enhancing what already exists."
The financing was led by TSP Ventures to support the commercial rollout of the company's soil testing technology.
"This funding builds on the successful commercial trials PES carried out with large agronomy companies and farm businesses in 2022. It enables PES Technologies to complete product development, power product launch in 2024 and hire the key commercial and administrative staff needed to turn our potential into a commercial success story."
The Nottinghamshire startup raised the capital from Kero Development Partners and the British Design Fund to take its in-wheel suspension prototype to market.
"It’s fantastic to have British Design Fund, Kero and our other investors on board. This funding will allow us to push forward with the next step in our growth plans and in taking our prototype to market."
The initial financing round values the electric vehicle charging start-up at £12.6m and includes backing from Cur8 Capital.
"Go Eve offers a technology that can transform EV charging. For EVs to replace fossil-fuel cars, charging needs to be faster, lower cost, more widely available and most efficiently use available grid capacity. Our technology does all these things, which is why we see a future with rapid charging in every space."
