Heimdall Power

Changing how power grids and power systems are operated worldwide.

General Information
Company Name
Heimdall Power
Founded Year
2015
Location (Offices)
Norway +2
Founders / Decision Makers
Number of Employees
49
Industries
Energy, Renewable Energy, Autonomous and Sensor Tech
Funding Stage
Series B
Social Media

Heimdall Power - Company Profile

Heimdall Power is a Norwegian startup that aims to revolutionize the operation of power grids and systems on a global scale. The company specializes in offering data-driven solutions for the efficient management and planning of high-voltage power lines. Heimdall Power's innovative approach involves the development of intelligent multi-vector sensors, known as "neurons," which are capable of measuring a wide range of critical parameters on overhead power lines, including conductor temperature, ampere, angle, vibrations, and more, within the voltage range of 7 kV to 550 kV. These insights are then integrated into a web-based software solution that aids in forecasting power line capacities, minimizing blackouts, and optimizing maintenance processes. The company's technology not only facilitates deferring significant grid investment costs but also maximizes the integration of renewable energy from sources like wind and solar. The recent €22.90M Series B investment, secured on 16 July 2024, saw participation from prominent investors including Investinor, Eviny Ventures, ORLEN VC, Sarsia Seed Management, Hafslund Venture, Steinsvik Family Office, Lyse Group, and NRP Zero AS. Overall, Heimdall Power's innovative technology and recent investment support position it as a notable player in the intersection of the Energy, Renewable Energy, and Autonomous and Sensor Tech industries.

Taxonomy: Smart grid solutions, Power grid optimization, Renewable energy integration, Data-driven decision-making, High-voltage power lines, Intelligent multi-vector sensors, Real-time data analytics, Grid performance optimization, Energy distribution, Predictive maintenance, Advanced analytics, Grid infrastructure digitization, Renewable energy forecasting, Efficiency enhancement

Funding Rounds & Investors of Heimdall Power (4)

View All
Funding Stage Amount No. Investors Investors Date
Series B €22.90M 8 Hafslund Venture, Steinsvik Family Office +2 16 Jul 2024
Venture Round kr75.00M 2 Saga pure 03 Nov 2021
Venture Round kr35.00M 5 Lyse Group, Lars Ove Skorpen 20 Aug 2020
Venture Round Unknown 1 12 Sep 2017

Similar Companies to Heimdall Power

View All
Envelio - Similar company to Heimdall Power
Envelio Envelio's software uses AI and optimization to enable integration of distributed energy resources and tackle power grid challenges.
Conduit Power - Similar company to Heimdall Power
Conduit Power Your Total Power Solution
Shifted Energy - Similar company to Heimdall Power
Shifted Energy Grid-Interactive Buildings & Virtual Power Plants
Sentrisense - Similar company to Heimdall Power
Sentrisense Digitizing the most geographically distributed human infrastructure on earth, the power lines!