Tech Company Financing Transactions
Heliogen Funding Round
On 6/16/2021, Heliogen raised $108 million in Series A investment from Prime Movers Lab, A.T. Gekko SPV1 and ArcelorMittal.
Transaction Overview
Company Name
Announced On
6/16/2021
Transaction Type
Venture Equity
Amount
$108,000,000
Round
Series A
Investors
Proceeds Purpose
The money will be used both to continue development of the Sunlight Refinery, as Heliogen calls it, and deploy some actual on-site installations that would work in real production workflows at scale.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
130 W Union St.
Pasadena, CA 91103
USA
Pasadena, CA 91103
USA
Phone
Website
Email Address
Overview
Heliogen has developed a concentrated solar solution utilizing unique advanced computer vision software to precisely align an array of mirrors, reflecting sunlight to a single target with unprecedented accuracy. Heliogen's technology concentrates, stores, and refines sunlight into cost-effective energy on demand.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Gross
Chief Financial Officer
Christie Obiaya
Chief Technical Officer
Steve Schell
VP - Administration
Thomas Patrick
VP - Bus. Development
Vikas Tuteja
VP - General Counsel
Debbie Chen
VP - Human Resources
Tanya Peterson
VP - Manufacturing
Andrew Lambert
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