Rijswijk-based Helin, a Dutch industrial edge intelligence platform, has secured €3M in a Seed round of funding. The funds will help fuel the growth of the startup’s commercial and development teams and expand its Industrial Edge Intelligence SaaS platform.
Joost Lasschuit, CEO and co-founder of Helin says, “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.”
The investor!
The funding came from Amstelveen-based venture capital firm FORWARD.one.
FORWARD.one is a high-tech hardware-focused VC fund with a €200M portfolio. Specialising in robotics, semiconductors, photonics, and more, the firm supports startups and scale-ups in achieving their goals through a team of financial professionals and technology entrepreneurs.
Paul Pruijmboom, Managing Partner at FORWARD.one says, “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.”
Data, application & security in a single platform
Founded in 2017, Helin aims to enhance industrial assets by making them “smart” for improved efficiency, safety, and sustainability. It does that through its Industrial Edge Intelligence platform.
Using real-time data extraction, computer vision, and AI, Helin empowers maritime and energy companies to optimise industrial device management.
The company’s platform offers services such as operational KPI tracking, automated reporting, real-time equipment health monitoring for efficiency; applications for safety monitoring and incident tracking; and tools for sustainability like digital twin scenario planning and automated emission reporting.
Co-founder Lasschuit says, “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.”
Helin has attracted major global clients like Boskalis, BP, Maersk Drilling, and partnerships with Microsoft, Aveva, and NVIDIA. The company claims to have achieved a 78 per cent increase in Annual Recurring Revenue (ARR) in the last quarter.
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