Helen Ventures

Helen Ventures is the corporate venture capital arm of Helen Oy, established in 2019 and headquartered in Helsinki, Finland. The firm focuses on investing in innovative and transformative startups at the early and growth stages, with a particular emphasis on sectors such as energy, e-mobility, circular economy, decarbonization, and digital solutions. Helen Ventures seeks to deploy capital primarily from its balance sheet and prefers to target investments within Israel and European countries. By investing up to 50 million euros, the firm aims to accelerate the growth of these companies and foster the development of world-class solutions that address the challenges of a new energy era.

Mikko Huumo

Director

Henri Isohanni

Principal

Annastiina Jurmu

Associate

Mikael Myllymäki

Vice President and Head

Antto Piirainen

Associate

10 past transactions

Voltfang

Seed Round in 2023
We integrate used electric car batteries into a battery storage system and thus build up a decentralized storage network.

Gradyent

Series A in 2022
Gradyent B.V. designs and develops cloud-based artificial intelligence (AI) software that supports the management and optimization of district heating networks. Its platform uses digital twin technology that uses combination of hydro and thermodynamic modeling with AI to optimize and forecast the heating network in real time and detect any changes in it. The company primarily caters to district heating companies. Gradyent B.V. was founded in 2019 and is based in Utrecht, the Netherlands with research and development centre in The Hague, the Netherlands.

LiveEO

Series B in 2022
LiveEO GmbH is a Berlin-based company specializing in real-time earth observation applications. Founded in 2017, it leverages satellite imagery and geolocation services to provide infrastructure monitoring solutions for sectors such as railway, electricity, and pipelines. By analyzing environmental factors like vegetation growth, height changes, and external interactions, LiveEO enables operators to proactively manage risks and reduce operational expenses. The company's innovative approach supports long-term observations and short-term analyses, offering valuable insights for maintaining infrastructure integrity.

Freesi

Seed Round in 2022
Freesi is a Finland-based property technology startup founded in 2017. We specialize in indoor climate development in large building portfolios, providing the tools to monitor, analyze4, and develop buildings' indoor conditions. Our innovative AI-powered solution is already deployed in over 2,000,000 m2 of property surface, helping property owners and managers to achieve their ESG objectives while increasing the building's return on investment

enspired

Series A in 2021
enspired is an AI-driven trading house that offers groundbreaking energy trading services on short-term power markets. In our world, there is no room for trading screens and traditional optimisation - we provide energy trading as a service based on data, self-learning models and cutting-edge technology. Our team consists of experienced algorithmic traders, data scientists and technology enthusiasts who firmly believe that the way energy is traded will soon change drastically.

LiveEO

Venture Round in 2021
LiveEO GmbH is a Berlin-based company specializing in real-time earth observation applications. Founded in 2017, it leverages satellite imagery and geolocation services to provide infrastructure monitoring solutions for sectors such as railway, electricity, and pipelines. By analyzing environmental factors like vegetation growth, height changes, and external interactions, LiveEO enables operators to proactively manage risks and reduce operational expenses. The company's innovative approach supports long-term observations and short-term analyses, offering valuable insights for maintaining infrastructure integrity.

Think Outside

Seed Round in 2021
Think Outside AS manufactures real time radar avalanche remote sensing equipment for skies. Its flagship product Sknow, reads the snow layers directly under skis in real-time. The company was founded in 2017 and is headquartered in Bergen, Norway.

EcoG

Seed Round in 2020
EcoG GmbH is a developer of an Internet of Things (IoT) operating system and platform tailored for electric vehicle (EV) charging infrastructure. Founded in 2017 and based in Fürth, Germany, with additional offices in Oslo and Detroit, EcoG connects users, vehicles, and local businesses through its cloud-based platform. This platform allows charging infrastructure operators to implement a personalized and customized fast-charging experience while enabling shared revenue streams and value-added services. EcoG provides a comprehensive starter kit that includes charging control, backend connectivity, payment solutions, and user interface components, as well as tools for the development and simulation of EV charger software. The company's offerings empower charger manufacturers and operators to differentiate their services, thus enhancing the overall EV charging ecosystem.

Gradyent

Seed Round in 2020
Gradyent B.V. designs and develops cloud-based artificial intelligence (AI) software that supports the management and optimization of district heating networks. Its platform uses digital twin technology that uses combination of hydro and thermodynamic modeling with AI to optimize and forecast the heating network in real time and detect any changes in it. The company primarily caters to district heating companies. Gradyent B.V. was founded in 2019 and is based in Utrecht, the Netherlands with research and development centre in The Hague, the Netherlands.