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Helix Earth develops advanced HVAC retrofit solutions designed to dramatically reduce air conditioning energy consumption and enhance indoor air quality in commercial buildings. The company leverages a novel filtration technology that significantly accelerates liquid-gas chemical reactions, a core innovation initially conceived from NASA research. This proprietary approach allows for a transformative improvement in system efficiency and environmental control.
The company was co-founded by Dr. Rawand Rasheed, who serves as CEO, and Brad Husick, the Chief Business Officer. Emerging as a spin-off from the Preston Innovation Lab at Rice University, led by Dr. Daniel J. Preston, their foundational insight involved adapting technology developed for spacecraft life support systems to address terrestrial energy challenges. Dr. Rasheed brings extensive experience from his mechanical engineering PhD and work at NASA, while Husick offers a strong entrepreneurial background from multiple tech ventures.
Helix Earth primarily targets the commercial real estate sector, aiming to equip buildings with sustainable and health-conscious climate control. The company's vision is to scale its laboratory-proven innovations into widespread commercial application, creating a future where buildings are both energy-efficient and provide superior indoor environments for occupants. They are focused on becoming a leader in intelligent, eco-friendly HVAC technology.
Preston Labs has 1 tracked investment across 1 company. The latest tracked deal is $2.0M Seed in Hungri Games in August 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2023 | Hungri Games | $2.0M Seed | Boğaziçi Ventures | Pareto Holdings, Caglan Tanriverdi, Erol Ozmandiraci, Sebastien Borget, Oyunfor, Roko Finance, Triple Dragon |