Helios Innovations, located in Halmstad, Sweden, is stepping up its efforts in industrial water purification with a fresh investment. Swedish venture capital firm BackingMinds has provided SEK 14.2 million to support these initiatives. This funding allows Helios to expand their production capabilities and explore international markets. The emphasis is on refining its strategies in industrial water management to create a sustainable standard. The collaboration between Helios Innovations and BackingMinds signals a significant stride towards more efficient industrial systems.
Looking back at Helios Innovations’ journey, they’ve consistently focused on creating practical solutions for water purification. Their latest achievements reveal a 170% growth in sales, showcasing both the demand for and the effectiveness of their offerings. Originally funded by a combination of private and public sources, Helios has utilized these resources to champion environmental issues like PFAS contamination, addressing critical needs in the Nordic region. The consistent emphasis on research and development has been pivotal in their progress.
Who is Helios Innovations?
Established by Jonatan Persson and Johanna Gillberg, Helios Innovations provides on-site water purification systems for industrial clients. Their focus is clear: remove contaminants such as heavy metals and PFAS using innovative technology. The development of the purification system is deeply rooted in a commitment to sustainability, aimed to lower both operational costs and carbon emissions.
How does BackingMinds’ investment influence Helios?
The financial boost from BackingMinds is poised to accelerate Helios’s growth trajectory. With plans to widen their footprint internationally, this additional capital will primarily support their mission to establish their water purification solutions globally. The investment highlights the scalability and market potential acknowledged by investors.
The practical impact of Helios Innovations’ technology reduces the necessity for transporting water to treatment facilities, which is a costly and emission-heavy process. This localized approach to purification not only slashes operational expenditure but also significantly cuts down CO₂ emissions. Their influence, already seen in partnerships with major pharmaceutical manufacturers in the Nordic region, hints at transformative industrial practices.
Addressing the risks posed by PFAS, often termed ‘forever chemicals’ due to their persistence in the environment, Helios Innovations continues to target this critical area. Swedish operations alone handle the majority of the country’s firefighting foam-contaminated water, a significant environmental concern. Variables such as health risks associated with PFAS further emphasize the necessity of Helios’s work.
With expansion underway in Norway and plans for Denmark and other European regions, the company is setting its sights on new challenges. Persson, Helios’s CEO, emphasizes the importance of developing scalable, onsite solutions to complex industrial waste issues.
The combination of Helios’s innovative approach and BackingMinds’ investment creates a robust partnership aimed at tackling global industrial water challenges. This aligns with broader environmental goals, underscoring the critical role of private investment in supporting sustainable industries.
