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Helen Ventures

Europe, Southern Finland, Finland, Helsinki

Description

Helen Ventures is the corporate venture capital arm of Helen Ltd., a major Finnish energy company headquartered in Helsinki. The firm is dedicated to investing in innovative European startups that are actively shaping the future of energy, e-mobility, and digital solutions. By leveraging its parent company's extensive industry knowledge and robust resources, Helen Ventures aims to accelerate the transition towards a more sustainable and digitalized energy sector, fostering both technological advancement and environmental responsibility.

The investment strategy of Helen Ventures primarily targets Seed to Series A stage companies, seeking to be a significant early partner in their growth journey. They typically make initial investments ranging from approximately $216,000 to $2.16 million, with a clear capacity for providing follow-on funding in subsequent rounds as portfolio companies mature. Beyond capital, Helen Ventures offers invaluable strategic partnerships, providing startups with direct access to Helen Ltd.'s vast customer base of over 600,000 customers, its operational infrastructure, and deep technical expertise in energy production and distribution.

Helen Ventures actively seeks out companies with disruptive technologies and scalable business models that align with their core strategic focus areas, which include smart energy management, renewable energy solutions, electric vehicle charging infrastructure, and circular economy initiatives. Their diverse portfolio, which includes over 20 companies, spans across various European countries, underscoring their commitment to fostering innovation across the continent. This strategic approach allows Helen Ventures to not only generate financial returns but also to integrate cutting-edge solutions into Helen Ltd.'s own operations, driving mutual growth and significant industry impact.

Investor Profile

Helen Ventures has backed more than 26 startups, with 7 new investments in the last 12 months alone. The firm has led 10 rounds, about 38% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Germany, The Netherlands, Austria.
  • Strong thematic focus on Renewable Energy, SaaS, Software.
  • Led 2 rounds in the past year.
  • Typical check size: $216K – $2.2M.

Stage Focus

  • Seed (38%)
  • Series A (31%)
  • Series B (23%)
  • Series Unknown (4%)
  • Private Equity (4%)

Country Focus

  • Germany (42%)
  • The Netherlands (15%)
  • Austria (12%)
  • Finland (12%)
  • United Kingdom (4%)
  • Italy (4%)
  • Denmark (4%)
  • Norway (4%)
  • Sweden (4%)

Industry Focus

  • Renewable Energy
  • Saas
  • Software
  • Artificial Intelligence (Ai)
  • Battery
  • Energy
  • Electric Vehicle
  • Transportation
  • Analytics
  • Asset Management
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Helen Ventures frequently co-invest with?

360 Capital
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Matterwave Ventures
Europe, Bayern, Germany, Munich
Co-Investments: 3
Motu Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 3
Emerald Technology Ventures
Europe, Zurich, Switzerland, Zürich
Co-Investments: 2
ENERGIIQ
Europe, Zuid-Holland, The Netherlands, Den Haag
Co-Investments: 3
Eneco Ventures
Europe, Zuid-Holland, The Netherlands, Rotterdam
Co-Investments: 4
EnBW New Ventures
Europe, Baden-Wurttemberg, Germany, Karlsruhe
Co-Investments: 2
PT1
Europe, Berlin, Germany, Berlin
Co-Investments: 3
Capricorn Partners
Europe, Vlaams-Brabant, Belgium, Leuven
Co-Investments: 3
DvH Ventures
Europe, Nordrhein-Westfalen, Germany, Köln
Co-Investments: 3

Which angels does Helen Ventures often collaborate with?

MV
Europe, Berlin, Germany, Berlin
Shared Deals: 1
AK
Europe, Hamburg, Germany, Hamburg
Shared Deals: 1

What are some of recent deals done by Helen Ventures?

Voltfang

Aachen, Nordrhein-Westfalen, Germany

Voltfang develops battery storage solutions for commercial, industrial and grid-scale applications using EV traction batteries.

BatteryEnergy StorageRenewable Energy
Series BJun 12, 2025
Amount Raised: $17,337,393
node.energy

Frankfurt, Hessen, Germany

node.energy builds SaaS solutions for the regulatory and commercial management of decentralized energy supply systems.

EnergyEnergy ManagementSaaS
Series BApr 23, 2025
Amount Raised: $16,985,234
Emulate Energy

Lund, Skane Lan, Sweden

Emulate provides SaaS for utilities to offer behind-the-meter services and optimize demand flexibility with virtual battery technology.

EnergyEnergy EfficiencySoftware
Series AApr 2, 2025
Amount Raised: $5,450,108
Gradyent

Utrecht, Utrecht, The Netherlands

Gradyent is an AI cloud platform that helps heating companies in optimizing their heating systems and reduce CO2 emissions.

Artificial Intelligence (AI)Software
Series BApr 2, 2025
Amount Raised: $30,520,605
Nobile Group

Vienna, Wien, Austria

Nobile is an energy sharing hub platform that connects the producers and suppliers of renewable energy.

Clean EnergyCleanTechRenewable Energy
SeedNov 5, 2024
Amount Raised: $5,467,008
Voltfang

Aachen, Nordrhein-Westfalen, Germany

Voltfang develops home storage solutions for private houses using recycled traction batteries.

BatteryEnergy StorageRenewable Energy
Series AOct 4, 2024
Amount Raised: $8,784,403
Renewabl

London, England, United Kingdom

Renewabl is a climate-tech software company.

CleanTechEnvironmental ConsultingRenewable Energy
SeedJul 25, 2024
LiveEO

Berlin, Berlin, Germany

LiveEO provides earth observation technologies and solutions.

AnalyticsArtificial Intelligence (AI)Asset ManagementSaaS
Series BJun 25, 2024
Amount Raised: $26,836,992
enspired

Vienna, Wien, Austria

AI-powered energy trading services for global short-term power markets

BatteryEnergyPower GridRenewable EnergyTrading Platform
Series BMay 14, 2024
Amount Raised: $27,575,438
Renewcast

Roma, Lazio, Italy

Renewcast is a SaaS platform that provides renewable power generation and energy market forecasting services.

Renewable EnergySaaSWind Energy
SeedJan 31, 2024
Amount Raised: $918,379