Helin Data

The company's core business revolves around transforming non-intelligent assets like vessels, cranes, wind turbines, and offshore rigs into 'smart' entities that are more efficient and secure. It operates on a land-and-expand enterprise sales model, which has resulted in a 148% net revenue retention. Helin's platform is utilized by major global operators such as Shell, BP, Boskalis, Stena, and Sunrock to enhance uptime, decrease fuel consumption, optimize energy usage, and improve safety. After an initial bootstrap phase, the company secured its first funding in December 2023 with a €3 million seed round led by FORWARD.one. This was followed by a €10 million growth investment in January 2026, also led by FORWARD.one, to scale international sales and continue platform development.

Helin’s platform integrates hardware, software, and connectivity into a single system, enabling artificial intelligence and analytics to run directly on the equipment at the 'edge'. This is critical in remote environments where internet connectivity is limited, intermittent, or slow, allowing for real-time decisions without relying on the cloud. The platform is a middleware ecosystem that unifies industrial data from sources like OPC UA, CAN bus, and Modbus into structured MQTT, allowing for local data buffering, analytics, and dynamic filtering to optimize bandwidth. Specific products include the Smart Grid Manager for managing grid congestion for solar and wind assets, the Red Zone Manager for increasing crew safety in drilling operations through vision analytics, and a Remote CCTV Manager for complete operational visibility. Cybersecurity is addressed through a Public Key Infrastructure (PKI) for data encryption and the use of application containers.