About Landsnet
Landsnet is a company based in Reykjavik (Iceland) founded in 2005, and was acquired by Landsvirkjun in December 2022. Electrical and transmission systems are constructed and developed. Its website landsnet.is draws about 18 thousand monthly visits. Its legal entity is Maine Potato Growers, Inc.
Company details
Landsnet was founded in 2005 and is based in Reykjavik, Iceland. Operations focus on the energy sector, where electrical and transmission infrastructure is built and maintained. Services encompass construction, design, engineering, installation, commissioning, maintenance, and repair of systems. Transmission lines have been erected in areas such as Sauðárkrókur, transformers installed at substations, and power grids expanded. A performance capacity exceeding 2,000 MW is reported for the infrastructure handled.
- Headquarters Reykjavik, Iceland
- Stage Acquired
- Website category Heavy Industry and Engineering · Energy Industry
- Email••••••••
- Phone•••• ••••
- Website landsnet.is
- Social LinkedIn X Facebook
- Acquired by Landsvirkjun (Dec 2022)
- Legal Name Maine Potato Growers, Inc
- Latest Funding Round$63.7M (USD), Debt – Conventional
Mar 2023
- InvestorsEuropean Investment Bank
& 3 more
- Acquired byLandsvirkjun
(Dec 2022)
Funding Insights of Landsnet
- Total Rounds 3
- Last Round Debt – Conventional — $63.7M
- First Round $431,985
(Jan 2016)
- Investors Count 3
All 3 funding rounds of Landsnet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $63.7M | Debt – Conventional | – | – | |
| Nov 2017 | $50M | Debt – Conventional | – | – | |
| Jan 2016 | $431,985 | Grant | – | – |
4 investors in total: 4 institutional.
Investors in Landsnet
Landsnet has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include European Investment Bank, European Union and Nordic Investment Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Finance and advisory services for infrastructure projects are provided. | 1958 | eib.org | Luxembourg, Luxembourg | |
Nordic Investment Bank is engaged in financing sustainable projects in the Nordic-Baltic region. | 1976 | nib.int | Helsinki, Finland | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Renewable energy is produced from hydropower, geothermal, and wind sources. | 1965 | landsvirkjun.com | Reykjavik, Iceland |
Investor details for Landsnet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Landsnet
4 dated milestones of Landsnet across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Landsnet is founded.
- Funding First funding round of $432K.
- Exit Acquired by Landsvirkjun.
- Funding Latest funding round, Debt – Conventional, of $63.7M.
Web traffic of Landsnet
The website of Landsnet (landsnet.is) receives about 18.4K visits a month and ranks #700,465 among all websites worldwide, #10,931 in Energy Industry.
- Monthly visits18.4K
▼ 60.7% vs previous month
- Global rank#700,465
among all websites
- Category rank#10,931
Heavy Industry and Engineering · Energy Industry
- Bounce rate42%
- Pages per visit4.4
- Average visit6 min 31 sec
- DevicesDesktop 67% · Mobile 33%
Websites whose visitors overlap most with Landsnet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
eirgrid.com | eirgrid.com | 100% | – | ||
| fingrid.fi | 74% | 379.8K | #196,096 | View details | |
architects.org | architects.org | 55% | #1,657,620 | – | |
ai.is | ai.is | 47% | – | ||
tfcable.com | tfcable.com | 44% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Landsnet
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Landsnet
Landsnet was founded in 2005 and raised its 1st funding round 11 years after it was founded.
Landsnet is headquartered in Reykjavik, Iceland.
Landsnet was founded in 2005 and is based in Reykjavik, Iceland. Operations focus on the energy sector, where electrical and transmission infrastructure is built and maintained. Services encompass construction, design, engineering, installation, commissioning, maintenance, and repair of systems. Transmission lines have been erected in areas such as Sauðárkrókur, transformers installed at substations, and power grids expanded. A performance capacity exceeding 2,000 MW is reported for the infrastructure handled.
Landsnet has 4 investors. Key investors include European Investment Bank, European Union, Nordic Investment Bank, and Landsvirkjun.
Landsnet operates through Maine Potato Growers, Inc.
Yes. Landsnet was acquired by Landsvirkjun in December 2022.