Helin, a Dutch industrial edge intelligence platform, has raised €3 million in a seed round of funding. The funds will be used to grow the startup’s commercial and development teams and expand its Industrial Edge Intelligence SaaS platform.
The funding came from venture capital firm FORWARD.one, which specializes in high-tech hardware investments. Helin aims to enhance industrial assets by making them “smart” through its Industrial Edge Intelligence platform, which uses real-time data extraction, computer vision, and AI to optimize industrial device management. The platform offers services such as operational KPI tracking, automated reporting, real-time equipment health monitoring, safety monitoring, and incident tracking, as well as sustainability tools.
Helin has major global clients such as Boskalis, BP, and Maersk Drilling, as well as partnerships with Microsoft, Aveva, and NVIDIA. The company claims to have achieved a 78% increase in Annual Recurring Revenue (ARR) in the last quarter.
