Heliogen is a renewable energy technology company with a mission to harness the potential of sunlight as a substitute for traditional fossil fuels. The company's core focus lies in revolutionizing industries and facilitating the establishment of a sustainable society. Their breakthrough concentrating solar energy and thermal storage systems are designed to provide carbon-free heat, steam, and power at a large scale, thus supporting uninterrupted industrial operations. Powered by AI, computer vision, and robotics, Heliogen is committed to delivering robust clean energy solutions that expedite the transition to renewable energy while ensuring reliability, availability, and cost-efficiency. Recognized for innovation, Heliogen received acclaim for its HelioHeat™ technology, being featured on TIME's Best Inventions of 2020 list. Additionally, Fast Company honored the company with a 2020 World Changing Ideas Award. Founded in 2013 and headquartered in the United States, Heliogen garnered a $165.00M Post-IPO Equity investment by notable investors including Saba Capital Management, L.P., Salient Partners, Counterpoint Global, and ArcelorMittal at the close of 31 December 2021.
General Information
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United States Market
About Heliogen
Business keywords: Renewable energy, Solar power, Concentrated solar energy, Thermal storage systems, Green hydrogen, Computer vision, Robotics, Decarbonization, Industrial sustainability, Clean energy solutions, Innovative technology, TIME Best Inventions 2020, Fast Company World Changing Ideas Award, Energy innovation
Funding Rounds & Investors (11)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Post IPO Equity | $165.00M | 4 | 31 Dec 2021 | |
| Grant | $39.00M | 1 |
US Department of Energy
|
21 Dec 2021 |
| Corporate Round | $83.00M | 9 | 15 Jun 2021 | |
| Venture Round | Undisclosed | 2 | 11 Feb 2021 | |
| Series B | Undisclosed | 2 | 22 Dec 2020 | |
| Series A | $25.00M | 6 | 08 Apr 2020 | |
| Series A | $10.00M | 5 | 09 Oct 2018 | |
| Seed Round | $10.55M | 6 | 04 Apr 2018 | |
| Seed Round | Undisclosed | 1 |
Altaf Khan
|
21 Dec 2017 |
| Series C | Undisclosed | 1 |
Mark William Lewis
|
01 Jul 2017 |
Heliogen Alternatives & Competitors
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FAQ About Heliogen
Source: BounceWatch company record for Heliogen, https://bouncewatch.com/company/heliogen, updated 30 December 2024. When citing, please name BounceWatch and link this page.