Laki Power Raises €6M Series A Led by NATO Innovation Fund for Grid-Monitoring Tech

Laki Power Closes €6 Million Series A to Expand Grid-Monitoring Technology

Laki Power, a Reykjavík-based company building grid-monitoring technology for high-voltage transmission networks, has raised a Series A round of €6 million (EUR 6,000,000). The round was led by the NATO Innovation Fund, with participation from ReykVC. The funding was announced on September 17, 2026.

What Laki Power Does

Laki Power combines cameras and sensors in a single line-mounted unit that gives utilities real-time visibility into line conditions, icing, and load. Its patented PowerGRAB system harvests up to 300 watts of power directly from the live conductor. This allows the unit to run cameras, weather sensors, satellite links, and drone-charging stations in remote locations without battery replacement.

Founded in Reykjavík in 2015 by former grid-operator engineer Óskar Valtýsson and Ósvaldur Knudsen, Laki Power works with utilities including Landsnet in Iceland and Statnett in Norway. The company serves customers across Europe, North America, South America, and Australia.

Funding Details

• Round type: Series A
• Amount: €6 million (EUR 6,000,000)
• Date: September 17, 2026
• Lead investor: NATO Innovation Fund
• Other investors: ReykVC

Why This Matters for Acquisition Watchers

This Series A provides Laki Power with capital to scale its grid-monitoring solutions at a time when transmission networks face increasing pressure from aging infrastructure, extreme weather, and the integration of renewable energy. The company's ability to harvest power directly from live conductors eliminates a key maintenance challenge—battery replacement—making its units suitable for remote and hard-to-reach locations.

The backing from the NATO Innovation Fund is notable, as it signals strategic interest in technologies that enhance grid resilience and security. Laki Power's existing relationships with utilities such as Landsnet and Statnett demonstrate commercial validation in demanding environments. Its presence across multiple continents suggests a scalable model that could appeal to larger industrial or energy-focused acquirers looking to add real-time grid visibility and autonomous power solutions to their portfolios.

For those tracking infrastructure technology, Laki Power represents a niche but critical player in the transmission monitoring space. Its patented PowerGRAB system and combined camera-sensor approach could become increasingly valuable as utilities seek to modernize grids and improve reliability.