About Heimdall Power
Heimdall Power is a company based in Bergen (Norway) founded in 2015. Heimdall Power has raised $28.6 million across 4 funding rounds from investors including ORLEN, Lyse and Sprettert. Heimdall Power offers products and services including Heimdall AAR, Heimdall DLR, Heimdall HEALTH, Sensors, and Software. Heimdall Power operates in a competitive market with competitors including GeoDigital, Trilliant, Volue, Neara and LineVision, among others.
- Headquarter Bergen, Norway
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Sectors
Energy & UtilitiesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Heimdall Power As
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$28.6 M (USD)
in 4 rounds
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Latest Funding Round
$25 M (USD), Series B
Jul 16, 2024
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Investors
ORLEN
& 5 more
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Employee Count
Not available
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Products & Services of Heimdall Power
Heimdall Power offers a comprehensive portfolio of products and services, including Heimdall AAR, Heimdall DLR, Heimdall HEALTH, Sensors, and Software.
Software for ambient adjusted rating to enhance power grid efficiency.
System for dynamic line rating to optimize energy transmission.
Tools for health assessment of power grids and components.
Devices that monitor grid conditions for real-time data analysis.
Applications for managing and improving power grid operations globally.
Virtual systems simulating sensor data for grid optimization tasks.
Drones for autonomous monitoring and inspection of power infrastructure.
People of Heimdall Power
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Funding Insights of Heimdall Power
Heimdall Power has successfully raised a total of $28.6M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Heimdall Power
Heimdall Power has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include ORLEN, Lyse and Sprettert.
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Lyse is engaged in providing sustainable energy solutions.
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Early-stage investments are made in Norwegian startups by Sprettert.
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Investor details for Heimdall Power
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Investments & Acquisitions by Heimdall Power
Investment portfolio details for Heimdall Power
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Financial Statements - Heimdall Power
Detailed financials for Heimdall Power
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Heimdall Power Comparisons
Peer comparison for Heimdall Power
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Competitors of Heimdall Power
Heimdall Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GeoDigital, Trilliant, Volue, Neara and LineVision, among others.
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Provider of 3D data of remote sensor, and spatial intelligence technologies
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Provider of communication systems and software platforms for smart grid applications
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Solutions for portfolio and project management are provided.
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Digital twin solutions for power transmission are developed for utilities.
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AI-driven optical sensor solutions for grid network monitoring are provided.
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AI-driven grid management software solutions are provided for energy operations.
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Detailed competitors of Heimdall Power
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Latest news on Heimdall Power
Complete news archive for Heimdall Power
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Frequently Asked Questions about Heimdall Power
Heimdall Power was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Heimdall Power is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
Jorgen Festervoll is the current CEO of Heimdall Power.
Heimdall Power is a funded company, having raised a total of $28.6M across 4 funding rounds to date.
Founded in 2015 and based in Bergen, Norway, Heimdall Power operates in the energy sector. Patented Neurons are attached to new and existing high-voltage lines for continuous monitoring using RFID. Software is provided for predictive analysis and live data oversight, with integrations to SCADA and DMS systems. Key metrics tracked include current, voltage, frequency, temperature, sag, tension, vibration, galloping, corona, and site suitability.
Heimdall Power's top competitors include GeoDigital, Neara and envelio.
Heimdall Power offers Heimdall AAR, Heimdall DLR, Heimdall HEALTH, Sensors, and 3 more products and services.