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Heimdall Power logo — Changing how power grids and power systems are operated worl...

Heimdall Power

Changing how power grids and power systems are operated worldwide.

Founded 2015 Norway Norway 49 employees Series B Total: $132.90M Energy, Renewable Energy +1

General Information

Company Name Heimdall Power
Founded Year 2015
Location Norway Norway
Employees 49
Industries Energy, Renewable Energy, Autonomous and Sensor Tech
Funding Stage Series B
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About Heimdall Power

Heimdall Power is a Norwegian startup that offers a solution supporting data-driven decision-making for operations and planning of high-voltage power lines. The company develops intelligent multi-vector sensors (neurons) that measure a wide range of parameters on overhead power lines (7 kV – 550 kV) and present insights in a web-based software solution. Their models identify available capacity, enabling deferral of large grid investment costs and maximizing renewable energy from sources such as wind & solar onto the grid. With relevant power line forecasts, minimized blackouts, and more effective maintenance, Heimdall Power's software enhances energy distribution optimization. The company recently secured a €22.90M Series B investment on 16th July 2024 from a group of investors including Investinor, Eviny Ventures, ORLEN VC, Sarsia Seed Management, Hafslund Venture, Steinsvik Family Office, Lyse Group, and NRP Zero AS. Heimdall Power operates in the industries of energy, renewable energy, and autonomous and sensor tech.

Business keywords: Smart Grid Solutions, Power Grid Optimization, Data-Driven Decision Making, Renewable Energy Integration, High-Voltage Power Lines, Intelligent Sensors, Real-time Data Analysis, Advanced Analytics, Grid Performance Improvement, Energy Distribution Optimization, Sustainable Energy, Grid Infrastructure Digitization, Maintenance Efficiency, Predictive Maintenance, Grid Investment Optimization

Services & Products

Smart Grid Technology
Power Grid Optimization
Sensor-Driven Solutions
Energy Management Software
Autonomous Drone System

Target Customers

Electric Utilities Grid Operators Renewable Energy Providers Energy Management Companies

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B €22.90M 8
Investinor Eviny Ventures ORLEN VC
Investinor, Eviny Ventures +6
16 Jul 2024
Venture Round kr75.00M 2
Sarsia
Sarsia, Saga pure
03 Nov 2021
Venture Round kr35.00M 5
Eviny Ventures Sarsia Seed Management BKK
Eviny Ventures , Sarsia Seed Management +3
20 Aug 2020
Venture Round Undisclosed 1
Investinor
Investinor
12 Sep 2017

Latest News

View All
From Star Wars to King Arthur: 10 European startups with names drawn from fiction, folklore and reli... — Eu-startups
From Star Wars to King Arthur: 10 European startups with names drawn from fiction, folklore and religion
Eu-startups Jul 22, 2026
Norway: Sustainable, data-driven, and digitally ambitious — Tech
Norway: Sustainable, data-driven, and digitally ambitious
Tech Jul 10, 2025
Oslo-based Heimdall Power nabs €22.9 million Series B to optimise utilities with “Magic Balls” — Eu-startups
Oslo-based Heimdall Power nabs €22.9 million Series B to optimise utilities with “Magic Balls”
Eu-startups Jul 16, 2024

Heimdall Power Alternatives & Competitors

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Heimdall Power vs
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Heimdall Power vs
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FAQ About Heimdall Power

Changing how power grids and power systems are operated worldwide.
Heimdall Power was founded in 2015.
Heimdall Power is headquartered in Norway.
Heimdall Power operates in Energy, Renewable Energy and Autonomous and Sensor Tech. Its work centres on Smart Grid Solutions, Power Grid Optimization, Data-Driven Decision Making and Renewable Energy Integration. Its customers include Electric Utilities, Grid Operators and Renewable Energy Providers.
Heimdall Power has approximately 49 employees.
Heimdall Power has completed 4 funding rounds, raising a total of $132.90M. The latest funding stage is Series B.
Heimdall Power offers: Smart Grid Technology, Power Grid Optimization, Sensor-Driven Solutions, Energy Management Software, Autonomous Drone System.
Top alternatives and competitors to Heimdall Power include VEIR, inavitas, Enline Energy Solutions, Laki Power, SMPnet. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Heimdall Power and VEIR are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Heimdall Power, https://bouncewatch.com/company/heimdall-power, updated 12 June 2025. When citing, please name BounceWatch and link this page.

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