Heliatek raises an additional €15M


Heliatek GmbH, a leader in organic photovoltaic and a manufacturer of solar films based in Dresden, Germany, announced recently that it has raised €15M from new and existing investors. Strong interest among potential investors led to an extension of the last round of financing. It will enable Heliatek to accelerate its development and speed up its worldwide market entry. The company supplies HeliaFilm to partners in the building and construction materials industry for application directly on facades and roofs of industrial and commercial buildings. These solar films generate green, delocalised, decarbonised electricity.

An Asian Family office, based in Hong-Kong, and a German Family Holding participated in this round alongside existing shareholders that include innogy SE, Engie, BASF, BNP-Paribas, AQTON, eCapital, Innogy Venture Capital and Wellington Partners. The Asian Family office has extensive experience in China where it holds an interest in a large Xiamen-based manufacturing company in the touch solution area. The German Family Holding brings a deep first-hand knowledge and understanding of the construction and material industry.

 “We are very happy to welcome these two new key investors. Our first Asian investor will help us refine and execute our strategy in that important region for our future,” stated Thibaud Le Séguillon, Heliatek’s CEO. “The decision of the German Family Holding to invest is one more validation of our business model. We will follow our strategy by expanding the BIOPV-market (building integrated organic photovoltaic) through supplying large quantities of our HeliaFilms to our customers in the building and construction material field.”

Heliatek is in the middle of sourcing and installing its new manufacturing roll-to-roll facility on its site in Dresden. It will offer a capacity of one million square metres per annum of solar films when fully ramped up.

Caption: The Heliatek headquarters with active HeliaFilm façade (photo: Heliatek)

<< view all news