# Heimdall Power funding: rounds and investors

> Heimdall Power has raised $25M across 1 round since 2024. Investors include EnvisionTech, ORLEN VC and Steinsvik Family Office. Every round with its source.

Source: https://millionrounds.com/company/heimdall-power (Millionrounds; every figure on the page links to its filing or article)

Norway · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Heimdall Power*

One round we have observed, with the 8 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summary Updated 26 Oct 2026

**$25M** raised across 1 round since 2024, from 2 sources

- **Latest round:** Series B, $25M Jul 2024
- **Led by:** EnvisionTech and ORLEN VC and 1 more
- **Investors:** 8 (3 led)

See who backed them

## The rounds

- **Jul 2024** Series B **$25M** [EnvisionTech](https://millionrounds.com/fund/envisiontech) Lead [ORLEN VC](https://millionrounds.com/fund/orlen-vc) Lead [Steinsvik Family Office](https://millionrounds.com/fund/steinsvik-family-office) Lead [Investinor](https://millionrounds.com/fund/investinor) [Eviny](https://millionrounds.com/fund/eviny) [Hafslund](https://millionrounds.com/fund/hafslund) [Lyse](https://millionrounds.com/fund/lyse) [Sarsia Seed](https://millionrounds.com/fund/sarsia-seed) Reported by Firms' own news pages and 1 other

## Founders and team

From Heimdall Power's own website: 14 on the team.

- **Jørgen Festervoll** CEO
- **Anne Vera Skrivarhaug** COO
- **Christian Martinsen** CFO
- **Øyvind Teigen** CTO
- **Einar von Ubisch** Head of Production
- **Nan Li** Head of QHSE & Sustainability
- **Peter Gørbitz** Head of Marketing & Communications
- **Andreas Marø** Board member
- **Hege Yli Ask** Board member
- **Konrad Biniewicz** Board member
- **Maria Fernanda Souto** Board member
- **Patrick Sandahl** Board member
- **Stein Dale** Chairman
- **Stine Rolstad Brenna** Board member

## Everyone who backed them

[EnvisionTech](https://millionrounds.com/fund/envisiontech) Private equity **1** round, led 1

[ORLEN VC](https://millionrounds.com/fund/orlen-vc) Corporate VC **1** round, led 1

[Steinsvik Family Office](https://millionrounds.com/fund/steinsvik-family-office) Growth equity **1** round, led 1

[Investinor](https://millionrounds.com/fund/investinor) VC firm **1** round

[Eviny](https://millionrounds.com/fund/eviny) Growth equity **1** round

[Hafslund](https://millionrounds.com/fund/hafslund) Growth equity **1** round

[Lyse](https://millionrounds.com/fund/lyse) Growth equity **1** round

[Sarsia Seed](https://millionrounds.com/fund/sarsia-seed) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=heimdall-power).

## Also claim to have backed them

These 3 firms list Heimdall Power as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Eviny Ventures](https://millionrounds.com/fund/eviny-ventures) Corporate VC Per its own site

[Saga Pure](https://millionrounds.com/fund/saga-pure) Company Per its own site

[Sprettert](https://millionrounds.com/fund/sprettert) VC firm Per its own site

## Quick answers about Heimdall Power

### Who invested in Heimdall Power?

Heimdall Power's investors include EnvisionTech, ORLEN VC, Steinsvik Family Office, Investinor and Eviny, and 3 more on record. EnvisionTech led its latest round.

### How much has Heimdall Power raised?

Heimdall Power has raised $25M across 1 round since 2024.

### When did Heimdall Power last raise?

Heimdall Power's most recent round was a Series B of $25M in Jul 2024, led by EnvisionTech.

### What was Heimdall Power's biggest round?

Its most recent round, $25M in Jul 2024, is also its largest on record.

### Who backed Heimdall Power first?

Heimdall Power's first round on record, in Jul 2024, was backed by EnvisionTech, ORLEN VC and Steinsvik Family Office and 5 others.

### What stage is Heimdall Power at?

Heimdall Power's latest named round is a Series B, in Jul 2024.

### Where is Heimdall Power based?

Heimdall Power is based in Norway.

### Who led Heimdall Power's rounds?

EnvisionTech led the Series B in 2024.

## Companies like Heimdall Power

In the same sector, and raised in the last eighteen months.

[**EQON** $6.3M · Jun 2026](https://millionrounds.com/company/eqon)[**Photoncycle** $17M · Mar 2026](https://millionrounds.com/company/photoncycle)[**Cartesian** Sept 2025](https://millionrounds.com/company/cartesian)[**Cloudberry Clean Energy** $76K · May 2025](https://millionrounds.com/company/cloudberry-clean-energy)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)

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