NRP Zero
Assembly Line
Coldcart Announces $6.5M Seed Round to Eliminate Perishable Parcel Shipping Inefficiency and Complexity
Coldcart, the first orchestration and optimization platform for frozen and refrigerated parcel logistics, announced that the company closed an oversubscribed $6.5 million seed financing. The round was led by Collide Capital and includes previous convertible note investments led by Material. Great North Ventures, Behind Genius Ventures, Feld Ventures, Alumni Ventures, and Service Provider Capital also participated.
Coldcart’s platform reduces perishable logistics costs by 15-50% per shipment and refundable shipments by 40-60%.
With this new funding, Coldcart will grow its installed base of perishable shippers and logistics providers. The resulting network effects will further increase operational efficiencies created by their platform.
Heimdall Power raises $25 Million USD Series B to Accelerate Power Grid Optimization Globally
Heimdall Power, the global leader in power grid optimization, announced a $25 million USD capital raise in a Series B financing. The round was co-led by the international energy company Orlen, Nordic cleantech fund NRP Zero, and the Steinsvik Family Office. Existing shareholders, including Investinor, Eviny, Hafslund, Lyse, and Sarsia Seed, participated in the round with a combined $8.5 million USD.
Founded in 2016, Heimdall Power delivers software and sensors for the monitoring of overhead power lines. The technology enables electric utilities to increase transmission capacity in their high-voltage power grids by 40% on average, while simultaneously improving the safety and efficiency of their operations. Heimdall Power’s solutions allow utilities to optimize existing power grid assets, reducing or delaying the need for expensive infrastructure upgrades, while making utilities better prepared to meet the growing electricity demand fueled by the ongoing energy transition.