An Asian family office, based in Hong Kong, and a German family holding participated in this round, alongside existing shareholders that include Innogy, Engie, BASF, BNP-Paribas, AQTON, eCapital, IRTF 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 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,” said 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 photovoltaics) 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 meters annually of solar films when fully ramped up.