HELIOGEN | URANIA

Founders

Bill Gross, CEO

Founded

2013

Location

Pasadena, USA

Backstory

Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen fuel at scale – for the first time in history. In March 2022, Heliogen was added to Fast Company magazine’s prestigious annual list of the World’s Most Innovative Companies.

Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996.

Why we invested

When watching founder Bill Gross pitch, it’s impossible not to be impressed. His vision for renewable, carbon-free energy is urgent and compelling. Heliogen’s technology is an exciting new breakthrough and hugely scalable. It’s also proven, with a contract already secured. We knew we had to be on board, and we’re excited to see the impact of Heliogen’s technology on fighting climate change.

heliogen.com

Learn more

”If you think about human history, for the first 300,000 years, our energy was derived mostly from biological sources – our own muscle power or the muscle power of animals.”

Bill Gross

Heliogen· Los Angeles Business Journal· 28 Feb 2022

Heliogen to Build Manufacturing Plant in Long Beach

The 90,000-square-foot facility is located in the Douglas Park business campus next to Long Beach Airport; full operation is expected by 2025.

Heliogen· Fast Company· 08 Mar 2022

Heliogen Named to Fast Company’s List of the World’s 50 Most Innovative Companies for 2022

A fundamental shift is fully underway in the world of energy.

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