Helin
Helin is a technology company.
Financial History
Helin has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has Helin raised?
Helin has raised $3.0M in total across 1 funding round.
Helin is a technology company.
Helin has raised $3.0M across 1 funding round.
Helin has raised $3.0M in total across 1 funding round.
Helin has raised $3.0M in total across 1 funding round.
Helin's investors include FORWARD.one.
Helin is a Dutch technology company specializing in industrial edge intelligence, offering a SaaS platform that transforms "dumb" remote industrial assets into smart, data-driven ones using AI, machine learning, computer vision, and real-time analytics.[1][2][3] It serves maritime, offshore, renewable energy, and industrial sectors—such as companies like Boskalis, BP, Maersk Drilling, and Sunrock—by solving challenges in asset management, including efficiency optimization, safety enhancement, emissions reduction, and grid congestion for solar and wind farms.[1][2][3] The platform integrates edge computing with centralized data infrastructure for low-latency insights, reducing costs and environmental impact while enabling features like smart grid management, safety analytics, and CCTV monitoring.[1][2][3] Helin has shown strong growth, raising €3 million in seed funding in 2023, achieving 78% ARR growth in a recent quarter, and partnering with Microsoft, AVEVA, and NVIDIA.[2]
Helin was founded in 2020 (with some sources noting early activity from 2017) in Rijswijk, Netherlands, by CEO and co-founder Joost Lasschuit and team, emerging from the need to make remote industrial assets—especially in energy and maritime—smarter amid rising demands for energy transition, automation, and security compliance.[1][2] Lasschuit highlighted the inefficiency of most global energy and maritime assets, stating that AI, edge computing, and real-time analysis could save costs, boost safety, and combat climate change.[1] Early traction came quickly, landing major clients like Boskalis (reducing fuel consumption via real-time vessel insights), Sunrock (optimizing solar park revenue), and BP (improving drilling rig safety by cutting human error), which propelled the company to dozens of global customers and the €3M seed round.[2]
(Note: A separate entity, Helin Technology (HK) Limited, founded in 2009 in Hong Kong, focuses on custom cables and electronics distribution; it is unrelated to this industrial AI firm based in the Netherlands.[4][5])
Helin rides the wave of industrial edge computing and AI-driven energy transition, capitalizing on global pushes for net-zero emissions, automation in renewables, and safety in high-risk offshore/maritime ops amid tightening regulations.[1][2] Timing is ideal with surging renewable adoption (solar/wind grids), bandwidth constraints in remote areas, and climate goals favoring low-latency edge solutions over cloud-only models, which reduce data transfer costs and enable real-time decisions.[3] Market forces like rising energy prices and ESG mandates amplify its value, positioning Helin to influence the ecosystem by setting standards for "smart assets" in underserved industrial niches, fostering safer, greener operations for giants like BP and Maersk.[1][2]
Helin is primed for expansion with its seed capital, ARR momentum, and blue-chip clients, likely targeting deeper penetration in renewables and maritime while scaling to new verticals like smart cities.[1][2] Trends in edge AI proliferation, stricter emissions tracking, and VPP ecosystems will propel growth, potentially evolving Helin into the dominant industrial edge platform as adoption barriers fall. Its trajectory ties back to the core mission: unlocking asset potential to drive efficiency, safety, and sustainability in a transforming industrial world.[2][3]
Helin has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in December 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2023 | $3.0M Seed | FORWARD.one |