Rijswijk-based Helin, an industrial edge intelligence platform, has successfully raised a €3 million seed round from FORWARD.one. The capital is Helin’s first funding round and marks the transition from its initial bootstrap phase to a phase of accelerated growth. The funding will be used to grow Helin’s commercial and development teams and expand its Industrial Edge Intelligence SaaS platform.
In this time of rapid increase in security compliance, energy transition and automation, Helin brings computation and analytics closer to the sources of data. This approach offers numerous benefits, including reduced costs and increased efficiency, as well as best-in-class security and scalability.
By leveraging real-time data extraction, computer vision*, and AI, Helin enables maritime and energy companies to optimise the management of industrial devices on their assets. It is the only edge computing solution that integrates data, apps, and security in a single platform.
Joost Lasschuit, CEO and co-Founder of Helin, said: “Helin is on a mission to become the leading Industrial Edge Intelligence Platform, transforming ‘dumb assets’ into intelligent, data-driven entities. This transformation is not just about business efficiency; it’s about making the world safer, smarter, and more sustainable. Our platform offers best-in-class solutions for efficiency, health and safety, environmental impact and productivity. With this new investment and a clear vision, Helin is poised to make significant strides in the maritime and energy sectors. We are not only growing in size but also in impact, bringing intelligence to industrial areas and revolutionising how businesses operate.”
Founded in 2017, Helin has landed dozens of major global clients including Boskalis, BP, HMH, Maersk Drilling, Noble Corp, Stena, and Sunrock. The startup, which recorded a 78% increase in Annual Recurring Revenue (ARR) in the past quarter, has also inked partnerships with tech giants such as Microsoft, Aveva and NVIDIA.
Helin’s goal is to make ‘dumb’ industrial assets ‘smart’ to improve efficiency, safety and sustainability. Using Helin, maritime construction company Boskalis was able to markedly reduce fuel consumption by delivering real time insights to vessel operators offshore. Helin has also helped Sunrock increase its revenue by optimising assets in its solar parks. Through better monitoring and optimisation, Helin enabled BP to improve safety and efficiency on its drilling rigs by reducing human error.
Paul Pruijmboom, Managing Partner at FORWARD.one, added: “We’re excited to partner with Helin. Their impressive product, coupled with a dynamic team, aligns perfectly with our vision. We see great potential in Helin and look forward to working with these amazing people to shape the future of industrial intelligence.”
Read the orginal article: https://www.eu-startups.com/2023/12/dutch-startup-helin-gets-e3-million-seed-to-transform-dumb-maritime-and-energy-assets-into-smart-ones/
