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Industries
Hardware
Consumer Software
Crypto & Web3
Company Size
51-200
Company Stage
Series D
Total Funding
$354.9M
Headquarters
San Francisco, California
Founded
2013
Helium creates a decentralized peer-to-peer wireless network specifically designed for Internet of Things (IoT) devices, such as smart collars and wildfire sensors. The network operates using a combination of radio technology, hardware, and blockchain, allowing IoT devices to communicate without the need for traditional cellular plans. Helium's unique approach offers businesses and developers a more affordable and efficient connectivity solution. Users can purchase and deploy IoT hotspots that contribute to the network, earning rewards in Helium's cryptocurrency, HNT, for their participation. This model not only incentivizes users to expand the network but also provides a reliable coverage area for IoT devices. Helium's goal is to transform the wireless communication landscape by providing a cost-effective alternative to existing cellular networks.
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Total Funding
$354.9M
Above
Industry Average
Funded Over
6 Rounds
Industry standards
100% company-paid health insurance premiums (medical, dental, and vision) for you and your dependents
Paid vacation and company holidays
Vacation stipend
Monthly gym stipend
Annual hardware stipend
Health FSA
The following is a guest post from J.D. Seraphine, Founder and CEO at Raiinmaker.In an era where technology advancements continuously reshape the landscape of our daily lives, mobile devices have emerged as an integral tool for driving connectivity. Growing hand in hand with this connectivity has been the public’s consciousness and concern for the security and privacy of their data, as well as their awareness of the suboptimally centralized nature of many of our legacy systems.Intriguingly, however, it is mobile devices, the source and driver of many of society’s privacy and security issues, that may hold the key to realizing a more decentralized and secure digital future via decentralized physical infrastructure networks (DePIN). Smartphones, with their omnipresence, advanced capabilities, and seamless connectivity, provide the perfect platform to support and expand decentralized infrastructure and distributed networks.Additionally, Web3 phones are now hitting the market in earnest – just this month, Solana Mobile garnered $70 million in preorders for its second blockchain smartphone, Seeker, which is set to launch in 2025. Among its features, Seeker includes an upgraded crypto wallet and new reward mechanisms that are specifically tailored toward unlocking the transformational potential of DePIN.DePIN as the Solution to the Crisis of CentralizationThe recent technical issue with CrowdStrike’s centralized software – which led to a global outage affecting numerous sectors – again highlighted the issues created by the centralization of much of the core systems that the modern world relies upon, and the urgent need to move away from monolithic entities, towards a more decentralized future.Projected to grow up to $3.5 trillion by 2028 – DePIN technology has emerged as one of the revolutionary advancements in the journey toward a more distributed world. DePIN projects seek to replace the existing centralized model by creating peer-to-peer (P2P) networks where individuals can contribute and own shared control over the network, promoting active community participation, and giving users decision making authority
The Internet of Things (IoT) promises to usher in a new age of trackability and machine economics. This technology continues to expand and is finding integration into systems across multiple industries. The integration of blockchain networks and IoT systems creates a new level of interoperability and responsiveness that was previously unimaginable.‘IoT' – The Internet of ThingsThe Internet of Things is the name given to the billions of smart devices located across the globe. To qualify as a smart device, the unit needs a sensor and internet connectivity. Today, there are IoT devices that can communicate info and value across networks in real-time.IoT BenefitsThere are lots of reasons why the IoT movement is on the rise. For one, these tiny systems are a crucial component of automation, they allow for real-time monitoring of machine processes and provide a viable alternative to human intervention in many cases
Helium secures Rs 4.52 crore in pre-seed funding led by Merak Ventures.
Merak Ventures, a sector-agnostic early-stage venture capital (VC) firm, is excited to announce its fifth significant investment this year, leading aINR 4.52 Cr (~$550k) pre-seed funding round in Helium, an AI platform which bakes product and visitor intelligence into eCommerce websites to help them convert better.
Two years ago, Helium introduced Network of Networks as a platform for launching complementary, distinctive, decentralized networks.
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Industries
Hardware
Consumer Software
Crypto & Web3
Company Size
51-200
Company Stage
Series D
Total Funding
$354.9M
Headquarters
San Francisco, California
Founded
2013
Find jobs on Simplify and start your career today