Helin, a pioneering industrial edge intelligence platform, today announced the successful closure of a €3 million seed funding round led by FORWARD.one. The fresh capital infusion will primarily be allocated towards expanding Helin’s commercial and development teams, and further enhancing its state-of-the-art industrial edge intelligence SaaS platform.
In an era characterized by heightened security compliance, a shift towards sustainable energy, and rapid AI advancements, Helin stands at the forefront, bringing computation and analytics directly to data sources. The platform is designed to transform traditional 'dumb' industrial assets into intelligent, data-driven entities, thereby improving operational efficiency, enhancing safety, and fostering environmental sustainability.
Helin's unique edge computing solution integrates data processing, applications, and security into a seamless, single platform. By harnessing real-time data extraction, advanced computer vision, and AI technologies, Helin empowers the maritime and energy sectors to optimize management and operation of industrial devices. This innovative approach yields substantial benefits such as cost reduction, enhanced efficiency, higher safety, and industry-leading security and scalability.
Already trusted by global industry leaders like Boskalis, BP, HMH, Maersk Drilling, Noble Corp, Stena, and Sunrock, Helin has demonstrated a robust 78% increase in its Annual Recurring Revenue (ARR) in the past quarter alone. The company has also forged strategic partnerships with tech giants including Microsoft, Aveva, and NVIDIA.
Success stories are already emerging. Maritime construction leader Boskalis leveraged Helin to significantly cut fuel consumption through real-time offshore insights. Similarly, Helin helped Sunrock amplify revenue generation in its solar parks, and enabled BP to bolster safety and efficiency on their drilling rigs.
Joost Lasschuit, CEO and Co-Founder of Helin, comments: “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.”
Paul Pruijmboom, Managing Partner at FORWARD.one, shares:“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.”
Established in 2017 in the Netherlands, Helin is redefining industrial efficiency, safety, and sustainability through its cutting-edge Industrial Edge Intelligence platform. Specializing in the maritime and energy sectors, Helin offers a fully managed SaaS solution that seamlessly integrates edge control with cloud data processing and remote AI applications. The platform is distinguished by its unparalleled security and ease of operation.
FORWARD.one is a venture capital fund specializing in high-tech hardware startups and scale-ups. Managing over 200 million euros across various funds, FORWARD.one invests in sectors including robotics, semiconductors, photonics, sensors, virtual/augmented reality, biomanufacturing, and audio technology. With a seasoned team of financial professionals and tech entrepreneurs, FORWARD.one is committed to actively supporting its portfolio companies in reaching their fullest potential.