France
HelioRec | BCorp, founded in 2019, is at the forefront of the renewable energy sector with its innovative offering in hardware. The company's slogan, "Simple, powerful floating solar technology," aptly describes their business model that involves constructing floating solar power plants. Targeting near-shore locations, HelioRec strategically focuses on areas where a significant portion of the global population, approximately half, resides.
With its headquarters in France, HelioRec is positioned to leverage European markets as well as global coastal locations. The company recently secured a Seed Round investment on 20 November 2023, which signifies investor confidence and provides the capital necessary for scaling operations. Despite the absence of disclosed investor names, the timing and type of investment indicate a solid growth trajectory in a climate-conscious economy. For venture capitalists, HelioRec represents a promising contender in the expansive realm of sustainable energy solutions.
