Company profile: Heliogen
1.1 - Company Overview
Company description
- Provider of AI-enabled, modular concentrated solar thermal technology using mirrors to deliver near 24/7 carbon-free energyβheat, power, and green hydrogenβfor heavy industry. Offerings include scalable solar thermal solutions, centralized thermal energy storage, green steam up to 300Β°C for industrial processes, green hydrogen fuel production, and the ChariotAV autonomous heliostat cleaning vehicle.
Products and services
- Centralized Thermal Energy Storage: Centralized system stores generated heat to make green steam or hydrogen fuel dispatchable anytime
- Advanced Concentrating Solar Thermal Energy: AI-enabled system uses mirrors to concentrate sunlight on a receiver, generating heat for clean steam and power
- Green Hydrogen Fuel Production: Turns solar thermal energy into fuel-cell grade hydrogen for vehicles and heavy equipment, supplying carbon-free fuel at scale
Key contacts
π
π
Financial details
π
1.2 - Competitors and similar companies to Heliogen
Varta Microbattery
HQ: Germany
Website
- Description: Provider of retail and OEM battery solutions, specializing in microbatteries and market-leading in hearing. Offers Li-Ion cells and packs for compact devices and vehicles, including EasyBlade for AGVs, CoinPower A5 for earbuds and smartwatches, and Application Specific Batteries for AGVs/forklifts. Delivers custom and semi-custom solutions via CellPac PLUS, BLOX, and off-the-shelf, safety-certified CellPac LITE.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
View full Varta Microbattery company profile β
E4V
HQ: France
Website
- Description: Provider of battery management solutions based on Lithium Iron Phosphate electrochemistry for vehicles such as trains, buses, and ships.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
View full E4V company profile β
Sion Power
HQ: United States
Website
- Description: Provider of advanced energy storage technologies specializing in high-energy rechargeable lithium batteries, including lithium-sulfur and lithium-metal Licerion solutions for portable power, mobile electronics, aerospace, and electric vehicles. Offerings include Licerion-EV (fast charge, long cycle life, broad temperature range), Licerion-HE, battery packs with proprietary compression and battery management, and a patented lithium metal anode and electrolyte.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
View full Sion Power company profile β
Lyten
HQ: United States
Website
- Description: Provider of advanced materials and low-carbon products built on 3D Graphene made by converting greenhouse gases into solid carbon to support decarbonization. Lithium-sulfur batteries with higher energy density and lower weight using materials enabling local sourcing, AI-enabled sensing for environmental monitoring, infrastructure integrity, and health tracking, and 3D Graphene-enhanced composites for automotive, aviation, and industrial applications.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
View full Lyten company profile β
Multi Source Power
HQ: United Kingdom
Website
- Description: Provider of multi-source power solutions, including a highly-efficient, lightweight, environmentally friendly hybrid diesel-electric generator system; intelligent, secure hybrid and modular energy storage systems for utility, commercial and industrial applications, enhancing renewable generation and grid security; and modular EV charging solutions supporting fast and rapid charging with reduced project risk and cost.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
View full Multi Source Power company profile β
π
2.M&A buyers
2.1 Potential strategic acquirers in the sector
π
π
π
π
View all strategic buyers with complete profiles
Start Free Trial β
2.2 - Strategic buyer groups for Heliogen
π
Buyer group 1: ββββββββ ββββββββ
ββ companies
Description: ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ
Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
π
View all companies in this group
Request Free Trial Now β
π
Buyer group 2: ββββββββ ββββββββ
ββ companies
Description: ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ
Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
π
View all companies in this group
Request Free Trial Now β
π
Buyer group 3: ββββββββ ββββββββ
ββ companies
Description: ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ
Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
π
View all companies in this group
Request Free Trial Now β
π Unlock all detailed buyer group breakdowns with complete company profiles
Start Free Trial β
3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Heliogen
2.2 - Growth funds investing in similar companies to Heliogen
π
View all growth equity funds with complete profiles
Start Free Trial β
4 - Top valuation comps for Heliogen
4.2 - Public trading comparable groups for Heliogen
π Unlock all public trading comparable groups with complete valuation data
Start Free Trial β