Startup · Iceland
Laki Power
HQ Reykjavík, IcelandFounded 20151-10 employeesUpdated
Power-line monitoring and energy harvesting for critical infrastructure.
Funding8 rounds · ~$9.9M
- Equity raised
- ~$9.9M
- Debt, secondaries & grants
- ~$2.5M
- Latest
- ~$6.9MSeries A · Sep 17, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Sep 17, 2026 | Series A | ~$6.9M | — | NATO Innovation Fund | ReykVC | Reported |
| Aug 1, 2023 | Seed | $3.0M | — | Brunnur Ventures, Eyrir Vöxtur (Eyrir Venture Management) | — | Reported |
| Oct 1, 2020 | Grant | ~$2.4M | — | EISMEA | — | Speculative |
| Jan 1, 2020 | Grant | ~$405 | — | Technology Development Fund (Rannis) | — | Speculative |
| Oct 1, 2019 | Seed | Undisclosed | — | Brunnur Ventures | — | Speculative |
| Nov 1, 2016 | Grant | ~$54K | — | European Commission | — | Speculative |
| Mar 1, 2016 | Grant | Undisclosed | — | Technology Development Fund (Rannis) | — | Speculative |
| Mar 1, 2015 | Grant | Undisclosed | — | Technology Development Fund (Rannis) | — | Speculative |
- ~$6.9MSep 17, 2026
- $3.0MAug 1, 2023
- ~$2.4MOct 1, 2020
- ~$405Jan 1, 2020
- UndisclosedOct 1, 2019
- ~$54KNov 1, 2016
- UndisclosedMar 1, 2016
- UndisclosedMar 1, 2015
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems1
- LKX-MULTIA line-powered monitoring unit for overhead conductors.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Power, grids and energy storage | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Power-line monitoring and energy harvesting for critical infrastructure; no defense or military use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Power-line monitoring and energy harvesting for critical infrastructure; no defense or military use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| Oskar Valtysson · LinkedIn ↗ | Founder & CTO |
| Ósvaldur Knudsen | Co-Founder and CEO |
Sources8
Profile4
- 1
PitchBook · Supports Organization · employee range, Organization · linkedin url, Organization · x url
“employee_range: 1-10 (profile: 8)”
- 2
Laki Power · Supports Organization · name
“Laki Power - Grid Enhancing Solutions”
- 3
LinkedIn · Supports Organization · country, Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · website
“**Address:** Vatnagarðar 14, Reykjavík, 104, IS”
- 4
Systems1
- 5
Laki Power · Supports System
“The LKX-MULTI is a line-powered monitoring unit built to withstand extreme weather and environmental conditions. With autonomous operation, real-time data transmission via LTE or satellite, and on-board AI processing powered by NVIDIA Jetson, it delivers precise, actionable insights directly from the conductor—no external power or communication infrastructure required”
Funding3
- 6
NATO Innovation Fund · Sep 17, 2026 · Supports Funding round, Funding round · amount, Organization, Organization · ownership, Role
“The NATO Innovation Fund led Icelandic tech company Laki Power’s €6 million Series A round, with participation from existing shareholder ReykVC. Laki Power’s self-powered monitoring systems for high-voltage transmission lines use one integrated device mounted on the conductor, combining cameras, weather and line sensors, onboard compute and satellite communications. The device draws its energy directly from the powerline, independently from other energy sources. Laki Power’s technology enhances the resilience of power grids in extreme weather conditions, such as cold and wildfires, and enables the monitoring of transmission lines and their direct surroundings, even in uninhabited areas.”
- 7
Bounce Watch · Supports Funding round, Funding round · amount
“01 Aug 2023”
- 8
Crunchbase · Supports Funding round, Organization · employee range, Organization · linkedin url, Role
“Grant”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.