Company Overview
Snapshot
Founded in October 2007 by Ory Zik, Heliofocus operates with 1–10 employees. The company has raised $19.5 million across two funding rounds. In May 2010, Heliofocus secured funding from IC Green Energy and Zhejiang Sanhua Co.
Business overview
Heliofocus develops advanced solar power solutions designed to deliver high concentrations of solar energy, temperature steam, and per-unit-of-land output. The company’s core technology requires significantly less area compared to other solar thermal solutions. Heliofocus offers the HelioBooster for steam augmentation and EnergiX for standalone power generation using steam turbines, serving markets such as India, the United States, Australia, and China within the Energy Tech sector.
Strategic signal
In October 2016, Heliofocus ceased operations, indicating a significant shift in its market presence and strategic direction. This event signals to investors a complete exit from the market for its solar thermal energy solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is Heliofocus's primary business?
- Heliofocus specializes in solar thermal energy solutions, developing technologies that provide high concentrations of solar energy and temperature steam for various applications.
- When was Heliofocus founded?
- Heliofocus was founded in October 2007.
- Who founded Heliofocus?
- Heliofocus was founded by Ory Zik.
- What was a significant funding event for Heliofocus?
- In May 2010, Heliofocus secured funding from IC Green Energy and Zhejiang Sanhua Co.
- What is the current operational status of Heliofocus?
- Heliofocus ceased to operate in October 2016.