Tech Company Financing Transactions
Heliene Funding Round
Heliene, based in Marie, Ontario, secured $170 million in funding from OIC, 2Shores Capital and Bullrock Renewables.
Transaction Overview
Company Name
Announced On
9/12/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$170,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to expand manufacturing capacity, create new jobs and bolster the U.S. solar supply chain.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
488 Allen's Side Road Sault Ste
Marie, Ontario, P6C 2L8
USA
Marie, Ontario, P6C 2L8
USA
Phone
Website
Email Address
Overview
Heliene is challenging the solar industry status quo by putting customers first. It's doing so as well by manufacturing high quality, competitively priced solar systems made to order in North America. By supporting customers with its in house logistics team and just in time supply chain solution. And by being remarkably responsive. We're also challenging ourselves to help repair the world, a concept grounded in the ancient Hebrew -- Tikkun Olam -- but highly relevant today. It's a promise, a commitment and a singular focus that guides our support for customers. It guides us to continuously innovate to produce high performing solar modules, and to create good jobs for North American workers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martin Pochtaruk
Chief Financial Officer
Brad Simard
Chief Technical Officer
Nadeem Haque
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