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Heliogen Secures $100.0M Grant Round

Recently funded · $100.0M GrantTechnology, Information and MediaUSView source

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The push to decarbonize heavy industry just got a significant boost. Heliogen, the renewable energy technology company focused on delivering carbon-free heat, steam, and power at scale, has secured a $100.0M grant.

Known for its concentrating solar energy and thermal storage systems, which leverage AI, computer vision, and robotics, Heliogen aims to support round-the-clock industrial operations without compromising reliability or cost. The company's HelioHeat™ technology was recognized on TIME's Best Inventions of 2020 list, and it also won a Fast Company World Changing Ideas Award in 2020 for its innovative approach.

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