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Home Heimdall Power Raises $25M Series B to Unlock Up to 40% More Transmission Capacity From the Aging Power Grid

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Heimdall Power Raises $25M Series B to Unlock Up to 40% More Transmission Capacity From the Aging Power Grid

NEW YORK--(BUSINESS WIRE)--Heimdall Power, the technology company that’s driving power grid optimization for utility companies around the world, today announced the closing of its $25 million Series B funding round. The round was co-led by international energy giant Orlen, Nordic cleantech fund NRP Zero and the Steinsvik Family Office. Additional investments were made by existing investors, Investinor, Eviny, Hafslund, Lyse, and Sarsia Seed. Heimdall Power has repeatedly demonstrated its abilit...

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