2-year program to kick-off in Brussels next week.
We are proud to announce that Heimdall Power has been selected for the EIC Scaling Club program among a very strong field of applicants.
EIC Scaling Club is a pan-European initiative for deep tech scale-ups that “have the potential to make a massive positive impact on the world.” The program gathers around 100 of Europe’s most promising high-growth scale-ups across various industries and has now announced the first 48 members of the exclusive community.
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Together with 11 other scale-ups, Heimdall Power will be part of the “Renewable Energies” cluster of the program. Fittingly enough, one of the main challenges identified in this section of the program is the need to adapt the European power grid for mass electrification.
With EU aiming to reach 45% renewable energy in its energy mix by 2030, grid enhancing technologies is poised to be a core component of the development of the power grids across the European countries.
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The goal of the program is to help the selected companies release the identified potential to make a massive positive impact on the world, while also growing their valuations beyond €1Billion in the process.
This is achieved through collaboration with a wide number of stakeholders, spanning everything from government agencies, investors, corporations and mentors, while also providing access to new partners and potential customers.
Heimdall Power CEO, Jørgen Festervoll, is looking forward to participating in the program over the next two years.
“Being selected for the EIC Scaling Club is another testament to both the potential of our technology and the growth journey we’re currently on at Heimdall Power. I am very excited to embark this program, and look forward to introduce Heimdall Power to the Scaling Club community already next week.“
The Scaling Club will kick-off with an invitation-only event in Brussels on Tuesday and Wednesday next week, before continuing with regular events throughout the two-year period.
