Heliatek

Country: Germany

Region: Sachsen

Investors: BASF Venture Capital, eCapital, Innogy Venture Capital, Robert Bosch, Wellington Partners

Since its creation in 2006, from ideas developed at the universities of Dresden and Ulm, Heliatek has been at the forefront of solar energy technology. With the help of venture capital funding provided by BASF Venture Capital, eCapital, Innogy Venture Capital, Robert Bosch, Wellington Partners and others, the company has created an ultra-thin solar film that is light, flexible, and can be customised in variety of colours, dimensions and levels of transparency.

Heliatek’s solar cells are an ecologically sustainable step forward from existing solar cells. With investment to develop a viable commercial product, the company is beginning to demonstrate a huge range of applications that could see photovoltaic cells integrated in car roofs, windows and building facades.

Thibaud Le Séguillon

CEO - Heliatek

Without venture capital, Heliatek and its technological achievements would not be. But our investors did much more than just providing capital. They are reliable partners who supported Heliatek’s development with technological expertise, network access and market knowledge.

€50m

invested to develop organic solar cells

100

new jobs created

What did the business need?

Funding by investors to prove concept and develop a viable, commercial product
Entrepreneurial guidance to expand the organisation
Access to international industrial partners

How did private equity backing create lasting value?

Provided funding for a new technology, even during crises in financial and solar industries
Helped devise go-to-market strategy
Expanded management team with senior professionals
Provided links with potential clients
Built a commercial production facility