Heimdall Power offers a solution to support data-driven decision-making for operations and planning of high-voltage power lines. We develop intelligent multi-vector sensors (neurons) that measures a wide range of parameters (conductor temperature, ampere, angle, vibrations, etc.) on overhead power lines (7 kV – 550 kV) and present the insights in a web-based software solution. Based on our models, available capacity is identified which allows deferring large grid investment costs and maximize the renewable energy from intermittent sources such as wind & solar onto the grid. Our software creates relevant power line forecasts, minimizes blackouts and makes maintenance more effective. The insights can be consumed live, alarms tailormade and customized reports generated. With better control, one can safely optimize the energy distribution.
Location: Norway, Sandnes
Employees: 11-50
Total raised: $28.9M
Founded date: 2016
Investors 2
| Date | Name | Website |
| - | Valinor | valinor.no |
| - | Sarsia | sarsia.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 27.07.2024 | Series B | $25M | - |
| 19.08.2020 | - | $3.9M | - |
Mentions in press and media 19
| Date | Title | Description |
| 10.07.2025 | Norway: Sustainable, data-driven, and digitally ambitious | Norway’s tech ecosystem is maturing quietly but confidently. With world-class digital infrastructure, strong public trust, and robust government support, the country is well-positioned to lead in sustainable, data-driven innovation. Cities ... |
| 10.10.2024 | Heimdall Power Unveils Two-Week Plan for FERC 881 Compliance and DLR Adoption | With Less Than a Year to Meet New Standards, The Grid Enhancing Technology Company Enables Quick Adoption for Utilities–and a Blueprint for Real-Time Ratings CHARLOTTE, NC, UNITED STATES, October 10, 2024 /EINPresswire.com/ -- Heimdall Powe... |
| 22.08.2024 | Heimdall Power Hires Seasoned Energy Industry Executive Brita Osmundsvaag Formato | Brita Osmundsvaag Formato, President of Heimdall Power Inc., the U.S.-based subsidiary of the company The Global Grid Enhancement Technology Company Names Osmundsvaag Formato President of Its U.S.-based Subsidiary CHARLOTTE, NORTH CAROLINA,... |
| 30.07.2024 | Houston expert on recognizing AI scams in hiring, recruitment, and retention | Attracting the best and the brightest employees is the goal of every startup and small business. Making these efforts more difficult, beyond the tight labor market in some industries, some employers are becoming the target of job scams — on... |
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| 27.07.2024 | Heimdall Power: Grid Optimization Company Raises $25 Million | Heimdall Power, a company that is driving power grid optimization for utility companies around the world, announced the closing of its $25 million Series B funding round. This funding round was co-led by international energy giant Orlen, No... |
| 26.07.2024 | Houston fintech co. offers new grants, chemist scores funding for cancer treatment, and more top stories | Editor's note:Let's roundup the most-read Houston innovation news from the week. Trending Houston tech and startup articles from InnovationMap and its daily newsletter included a Rice professor securing support for his cancer treatment, an ... |
| 26.07.2024 | Here's how much it takes to earn a top 1 percent salary in Texas | With two Houston-area neighbors cashing in among the most wealthy suburbs in America, Houstonians may be wondering how much money they need to make to secure a place in the top one percent of earners. According to a new study from SmartAsse... |
| 20.07.2024 | Heimdall Power: Revolutionizing Power Grid Optimization | Heimdall Power, a technology company based in Oslo, is making waves in the world of power grid optimization. With their innovative "Magic Balls" sensors, they are changing the game for utility companies worldwide. Recently securin... |
| 18.07.2024 | Power grid tech co. with Houston HQ raises $25M series B | A Norway-based provider of technology for power grids whose U.S. headquarters is in Houston has raised a $25 million series B round of funding. The venture capital arm of Polish energy giant Orlen, Norwegian cleantech fund NRP Zero, and the... |
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