Norwegian power grid optimization firm Heimdall Power secures $25m Series B funding for international expansion and technology investment.

Norwegian power grid optimization firm Heimdall Power secures $25m Series B funding, co-led by Orlen, NRP Zero, and Steinsvik Family Office. The company plans to use the funds for international expansion, technology investment, and to build a team of industry experts. Heimdall Power's sensors and software have been implemented by 40 utilities in 17 countries, including a recent project with Great River Energy in Minnesota.