Taronga Group has participated in the 10 million pound ($13.6 million) Series A funding round of AssetCool while Saudi-based digital platform offering AI-powered career guidance, Flawless, has raised $1.5 million in a pre-seed funding round.
Taronga Group joins UK-based AssetCool’s $13.6m Series A
Australian investor Taronga Group has participated in the 10 million pound ($13.6 million) Series A funding round of AssetCool, a UK-based deep tech company pioneering advanced robotics and coatings for power lines.
The oversubscribed round was led by Energy Impact Partners (EIP), with participation from Extantia Capital and existing investor Northern Powerhouse Investment Fund, managed by Mercia Ventures. This new funding builds on the support of additional investors, including Kero Development Partners and Northern Gritstone.
Founded in Leeds, UK, AssetCool develops advanced robotics and functional coatings for energy infrastructure. Its core platform increases the capacity and efficiency of power lines through direct application of thermal-management nanomaterials. Its platform technology in chemistry and robotics allows it to address a range of constraints for transmission network operators.
Saudi-based digital platform Flawless raises $1.5m pre-seed
Saudi-based digital platform offering AI-powered career guidance, Flawless, has raised $1.5 million in a pre-seed funding round backed by a group of regional angel investors, according to an announcement.
The investment will be used to enhance the platform’s technology, improve user experience, and expand the company’s growing team.
Flawless combines generative AI and social psychology insights to deliver tailored career recommendations to individuals navigating professional transitions.
The platform evolved from a blog launched by founder Shaimaa Alghamdi in 2023 into a fully-fledged startup by 2024, addressing growing market demand for accessible, personalised mentorship and job-matching tools.
Initially focused on educational content, training opportunities, and job listings, Flawless quickly scaled by identifying a gap in the market for intelligent, tech-driven career guidance.
With this funding round, the company aims to further refine its services and broaden its reach across Saudi Arabia and beyond.
