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 early and growth stage startups within the energy sector, specifically targeting innovative solutions in e-mobility, circular economy, decarbonization, and digital technologies. With a commitment of 50 million euros, Helen Ventures aims to support transformative startups that develop renewable energy technologies, smart energy solutions, and distributed energy solutions. The firm primarily concentrates its investments in Israel and European countries, seeking to foster collaboration with customers and industry experts to accelerate the growth of its portfolio companies.

Henri Isohanni

Principal

Annastiina Jurmu

Associate

Antto Piirainen

Associate

10 past transactions

Voltfang

Seed Round in 2023
Voltfang specializes in developing a green battery storage system that repurposes used electric vehicle batteries for stationary energy storage. By integrating these batteries after their automotive life, Voltfang enhances their lifespan and creates a decentralized storage network. This system is particularly beneficial for small and medium-sized enterprises, allowing them to store renewable energy and stabilize the grid through techniques such as peak shaving and load shifting. Through its innovative approach, Voltfang enables clients to reduce their ecological footprint and supports broader efforts in ecological conservation.

Gradyent

Series A in 2022
Gradyent B.V. specializes in designing and developing cloud-based artificial intelligence software aimed at enhancing the management and optimization of district heating networks. Founded in 2019 and headquartered in Utrecht, the Netherlands, with a research and development center in The Hague, Gradyent's platform employs digital twin technology that integrates hydro and thermodynamic modeling with AI. This innovative approach allows for real-time optimization and forecasting of heating networks, while also enabling the detection of minor changes within the system. The platform provides district heating companies with a comprehensive overview of their network's current status and facilitates secure access to relevant information from any location at any time, promoting efficiency and responsiveness in energy management.

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 established in 2017, focused on enhancing indoor climate conditions in large building portfolios. The company offers a cloud-based software solution that leverages artificial intelligence to monitor, analyze, and improve indoor air quality. This scalable platform enables property owners and managers to effectively manage their building environments, aligning with environmental, social, and governance (ESG) objectives while simultaneously increasing return on investment. Freesi's innovative approach has been implemented across over 2 million square meters of property, providing valuable insights and reporting capabilities for indoor air conditions.

enspired

Series A in 2021
enspired is an AI-driven trading house that specializes in innovative energy trading services for short-term power markets. The company leverages advanced technology and self-learning models to provide energy trading as a service, eliminating the need for traditional trading screens and optimization methods. enspired's platform features live market data, charting tools, and order execution capabilities, empowering retail traders to engage in the market with confidence and efficiency. The team comprises experienced algorithmic traders, data scientists, and technology enthusiasts who are committed to transforming the energy trading landscape.

&Charge

Seed Round in 2021
Developer of a smart mobility platform intended for electric mobility, sustainable mobility concepts, and community experiences. The company's platform offers a customer loyalty program consisting of rewards on purchases and activities with free energy for electric vehicles or free rides for mobility journeys in terms of collected kilometers, enabling shoppers to receive rewards and vouchers for electric mobility services.

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, founded in 2017 and based in Fürth, Germany, specializes in developing an Internet of Things (IoT) operating system and platform tailored for electric vehicle (EV) charging infrastructure. The company provides a comprehensive starter kit that includes charging control, backend connectivity, payment solutions, and user interface components, along with tools for software development, testing, and simulation for EV chargers. EcoG's cloud-based platform facilitates the monetization of charging infrastructure by enabling shared revenue streams and value-added services, thus enhancing the fast charging experience for users. With additional offices in Oslo, Norway, and Detroit, Michigan, EcoG aims to connect users, vehicles, and businesses to deliver customized charging solutions that help charger manufacturers and operators stand out in a competitive market.

Gradyent

Seed Round in 2020
Gradyent B.V. specializes in designing and developing cloud-based artificial intelligence software aimed at enhancing the management and optimization of district heating networks. Founded in 2019 and headquartered in Utrecht, the Netherlands, with a research and development center in The Hague, Gradyent's platform employs digital twin technology that integrates hydro and thermodynamic modeling with AI. This innovative approach allows for real-time optimization and forecasting of heating networks, while also enabling the detection of minor changes within the system. The platform provides district heating companies with a comprehensive overview of their network's current status and facilitates secure access to relevant information from any location at any time, promoting efficiency and responsiveness in energy management.
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