Helen Ventures
Helen Ventures is the corporate venture capital arm of Finnish energy company Helen Oy, investing in early-stage European startups across energy, e-mobility, circular economy, decarbonisation and digital solutions. Founded in 2019, it deployed into 17 portfolio companies and transferred management to Redstone Nordics in June 2025.
- Company typePrivate
- Founded2019
- HeadquartersHelsinki, Finland
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Helen Ventures does
Helen Ventures is the corporate venture capital (CVC) arm of Helen Oy, a privately held Finnish energy company headquartered in Helsinki. Founded in 2019, the vehicle invests in early-stage European startups developing technologies across five thematic areas: energy, e-mobility, circular economy, decarbonisation, and digital solutions. Over its operating history, Helen Ventures deployed capital into 17 portfolio companies, including Gradyent, a digital twin platform for heating and cooling optimization in which it participated in a €28 million Series B.
Helen Ventures operates with a small team (1-10 employees), with leadership including a Vice President and Head, two Associates, and a Principal. Its business model is that of a strategic CVC rather than a commercial product company: it deploys equity capital on behalf of its parent, Helen Oy, seeking both financial returns and strategic relevance to Helen's clean energy transition objectives. Portfolio companies benefit from Helen's position as a major European energy company and its operational expertise in the energy sector.
As of June 1, 2025, Helen Oy signed a service agreement transferring operational management of the CVC portfolio to Redstone Nordics. The Helen Ventures team joined Redstone's organization, while ownership of the underlying portfolio companies remains with Helen Oy. Helen is described by Redstone as a recognized pioneer in the clean energy transition, and the Redstone partnership is intended to extend co-investor reach and deep market knowledge to support portfolio development going forward.
Helen Ventures firmographics
Firmographics- Name
- Helen Ventures
- Legal name
- Helen Oy
- Website
- https://helenventures.fi
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Helen Ventures is the corporate venture capital arm of Finnish energy company Helen Oy, investing in early-stage European startups across energy, e-mobility, circular economy, decarbonisation and digital solutions. Founded in 2019, it deployed into 17 portfolio companies and transferred management to Redstone Nordics in June 2025.
- Ownership category
- akta.pro rank
Helen Ventures industry classification
Industry- Product category
- Corporate Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Captive CVC Fund (Dedicated corporate fund structure) (FSANAHAB)
- akta.pro secondary industries
- Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN), Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)
Keywords
Where Helen Ventures is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Markets served
Helen Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Helen Ventures product offering
Product offeringCore offering
Helen Ventures is the corporate venture capital (CVC) arm of Helen Oy, a Finnish energy company. It makes early-stage equity investments in European startups developing technologies and solutions across five sectors: energy, e-mobility, circular economy, decarbonisation, and digital solutions. The arm has invested in 17 European startups during its operating period and, as of June 1, 2025, operational management of the portfolio has been transferred to Redstone Nordics under a service agreement.
Product overview
Helen Ventures is the Corporate Venture Capital (CVC) arm of Helen, a Finnish energy company. Rather than operating a unified product platform, Helen Ventures functions as an investment vehicle that has built a portfolio of 17 European startups across five sectors: energy, e-mobility, circular economy, decarbonisation, and digital solutions. The portfolio companies include entities such as Gradyent (digital twin platform for heating and cooling systems). As of June 1, 2025, management of the Helen Ventures portfolio will be transferred to Redstone Nordics, with the Helen Ventures team joining Redstone's organization.
Differentiator
Problem solved
Functional benefit
Products and services
- Helen Ventures CVC Investment Program
Companies that use Helen Ventures
Customer profileSegments1 record
Ideal customer profiles1 record
Helen Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Helen Ventures partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Redstone NordicscoreHelen Ltd signed a service agreement with Redstone Nordics for the transfer of CVC portfolio management starting June 1, 2025. The Helen Ventures team will join Redstone's expert organization. Redstone will leverage its deep market knowledge and extensive co-investor network to drive the success of the portfolio companies.
Scale indicators1 record
Recent moves2 records
Expansion highlights3 records
Helen Ventures competitors and assessment
Company assessmentBroad incumbents
- BP Ventures: Corporate venture arm of BP investing in energy transition and mobility startups globally. Thematically comparable to Helen Ventures but at a substantially larger scale.
- Shell Ventures: CVC arm of global energy major Shell with a broader investment scope across energy, mobility, and decarbonisation. Operates at much larger scale than Helen Ventures but shares the same corporate strategic investment model.
Direct peers
- Energy Impact Partners: CVC-style fund backed by a coalition of utilities and energy corporates investing in clean energy, mobility, and decarbonisation startups. Closely comparable in sector focus and utility-led strategic model to Helen Ventures.
- Statkraft Ventures: CVC arm of Statkraft, Europe's largest renewable energy producer, investing in early-stage energy and grid technology startups across Nordic and European markets — a closely analogous utility-led CVC.
- Eni Next: Corporate venture arm of Italian energy major Eni, investing in clean energy, circular economy, and decarbonisation startups with a strong European footprint comparable to Helen Ventures.
- Iberdrola Peripherals: Corporate venture arm of Iberdrola investing in clean energy and smart grid startups. Comparable as a European utility-led CVC with strategic energy-transition investment focus.
- EDF Pulse Ventures: CVC arm of French utility EDF investing in energy transition, smart cities, and digital solutions startups across Europe — directly comparable sector mandate and corporate-backed model.
- Engie New Ventures: Corporate venture arm of ENGIE investing in decarbonisation, distributed energy resources, and circular economy startups with a strategic investment model analogous to Helen Ventures.
- E.ON :agile: CVC program of E.ON focused on energy transition startups with comparable thematic alignment on decarbonisation and clean energy infrastructure.
- Breakthrough Energy Ventures: Climate-focused venture fund backed by Bill Gates and others, investing exclusively in clean energy and decarbonisation technologies. Highly relevant as a thematic peer in the same energy transition investment space.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
Helen Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Helen Ventures leadership team
Management profileNumber of profiles
Profiles1 record
Helen Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Helen Ventures M&A and investment
M&A and investmentM&A
Investments27 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Helen Ventures
What does Helen Ventures do?
Helen Ventures is the corporate venture capital (CVC) arm of Helen Oy, a Finnish energy company. It makes early-stage equity investments in European startups developing technologies and solutions across five sectors: energy, e-mobility, circular economy, decarbonisation, and digital solutions. The arm has invested in 17 European startups during its operating period and, as of June 1, 2025, operational management of the portfolio has been transferred to Redstone Nordics under a service agreement.
Is Helen Ventures a public or private company?
Helen Ventures is a private company. It is classified as corporate owned and is currently operating.
When was Helen Ventures founded?
Helen Ventures was founded in 2019. It employs 1 to 10 people.
Where is Helen Ventures based?
Helen Ventures is headquartered in Helsinki, Finland, in the Europe region.
Who are Helen Ventures's main competitors?
Broad incumbents on record are BP Ventures and Shell Ventures. Direct peers are Energy Impact Partners, Statkraft Ventures, Eni Next, Iberdrola Peripherals, EDF Pulse Ventures, Engie New Ventures, E.ON :agile and Breakthrough Energy Ventures.
Does Helen Ventures have an API?
No public API is recorded for Helen Ventures.
What industry is Helen Ventures in?
Helen Ventures's product category is Corporate Venture Capital. Its primary akta.pro industry code is FSANAHAB, Captive CVC Fund (Dedicated corporate fund structure), with a secondary code of FSANAHAN, Corporate Strategic Real Assets & Infrastructure Venture Investing. Its NAICS code is 523940 and its SIC code is 6282.