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Heliogen

Valuation $2B

About Heliogen

Heliogen is a renewable energy technology company unlocking the power of sunlight to replace fossil fuels.
Headquarters Heliogen, Pasadena
Founded 2013-01-01
Industry Energy, Industrial, Renewable Energy, Solar
Last Funding Type Post Ipo Equity
Valuation 2
Total Funding $332.55 million dollars
IPO Status Public

Financial

Heliogen, Inc. is focused on advancing solar technology, as evidenced by their development of a lightweight stand for heliostats, enhancing the layout of heliostat fields for CSP plants, and innovating in solar tracking systems. They are also working on a tubular receiver for heating particles and an air receiver for solar power plants, both designed to optimize the capture and use of solar energy. Additionally, they are exploring a multi-stage turbo-generator system for supercritical CO2 power cycles and a gas receiver that efficiently captures solar energy. These developments underscore Heliogen's commitment to improving the efficiency and reliability of solar power generation.

Heliogen, Inc. (OTCQX: HLGN), a provider of AI-enabled concentrating solar energy technology, announced its first quarter 2024 financial and operational results.
Funding Rounds 12
Number of Lead Investors 4
Total Funding Amount  $332.55 million dollars
Number of Investors 32

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