Bill Gross, CEO
Pasadena, USA
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.

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