Heliogen Raises $108 Million To Advance New Non-Intermittent Renewable Energy Technology For Heat, Power, And Green Hydrogen
Amount Raised
$108 Million
Round Type
Funding Round
PasadenaEnergyRenewable EnergySolarDescription
Heliogen, the renewable energy technology company unlocking the power of sunlight to replace fossil fuels, today announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight RefineryTM, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the first time. The company recently closed $83 million in funding, an oversubscribed round that is in addition to $25 million raised in the previous round. Among the new investors in Heliogen are ArcelorMittal, the world’s leading steel and mining company (NYSE: MT), Edison International, breakthrough scientific startup-focused venture capital firm Prime Movers Lab, Canada-based privately held venture capital fund Ocgrow Ventures, A.T. Gekko, a private investment group specializing in ESG Venture Capital, private investment partnership of industry-leading families 8090 Partners, Gordon Crawford, and technology, consumer, and media-focused investor Rashaun Williams.
Quick answer
Heliogen raised $108 Million in a Funding Round round, dated June 15, 2021. Heliogen is based in Pasadena, California, United States.
- How much did Heliogen raise?
- Heliogen raised $108 Million in a Funding Round round on June 15, 2021.
- What does Heliogen do?
- Heliogen is a renewable energy technology company focused on decarbonizing industry and empowering a sustainable civilization.
- Where is Heliogen based and how big is it?
- Heliogen is based in Pasadena, California, United States. Fundz records about 64 employees.
- Who are the decision-makers at Heliogen?
- Fundz holds 2 contacts at Heliogen. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Heliogen that raised within 45 days of this round, from Fundz verified event records.
- Canadian Solar raised $100M (Funding Round) on July 27, 2021.
- Longroad Energy raised an undisclosed amount (Funding Round) on July 20, 2021.
- Camus Energy raised $16M (Series A) on July 20, 2021.
- Mainspring Energy raised $108M on July 6, 2021.
- Canadian Solar raised $54M (Funding Round) on June 24, 2021.
- NEXT Energy Technologies raised an undisclosed amount (Series C) on June 3, 2021.
Who to call at Heliogen, and when
A new round usually means Heliogen is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Heliogen raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Heliogen, from your own LinkedIn network
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Related People
Heliogen raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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