Heimdall Power Secures $25M Funding to Expand Grid Optimization Technology

Heimdall Power raises $25M in Series B Funding

Heimdall Power (Linkedin), a power grid optimization technology company based in Norway, has secured $25M in Series B funding. With a focus on expanding operations and further developing their technology, Heimdall Power aims to provide affordable and secure solutions for grid optimization to utility companies worldwide.

Funding Amount: $25 million

Industry: Industrial Machinery Manufacturing

Employee Count: 11-50

CEO: Jørgen Festervoll (CEO Linkedin)

What Heimdall Power needs to buy: Companies specializing in drone technology, software development, and international expansion are ideal partners for Heimdall Power. These partnerships will support the installation of Heimdall Power's Neurons on power lines, enhance their advanced software for real-time power grid optimization, and facilitate their international growth and market penetration.