FundedIQ
Energy

Heliogen: Funding, Investors & Team (Oct 2026)

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. Its platform also aligns an array of mirrors to reflect sunlight on a single target with accuracy to transform sunlight into fuels like hydrogen and syngas. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996.

heliogen.com LinkedIn Pasadena, United States 101-250 employees
Energy Industrial Renewable Energy Solar
Total raised
$122M
Rounds
2
Latest
Grant
Dec 2021

Heliogen has raised $122M across 2 funding rounds on record, the most recent a Grant of $39.0M announced in Dec 2021.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Heliogen Company Profile and Key Stats

Total funding raised
$122M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Grant
$39.0M in Dec 2021
Employees
101-250
reported band
Headquarters
Pasadena, United States

Latest funding round on record: Dec 2021.

Heliogen Funding Rounds

Date
Round
Amount
Grant
$39.0M
Undisclosed round
$83.0M

Heliogen raised $83.0M in an undisclosed round announced in Jun 2021.

6 months later, a Grant of $39.0M was announced in Dec 2021.

Heliogen Founders and Leadership Team

Name
Role
Contact
Bill Gross
CEO
Locked

Contact details for the Heliogen team: 1 of 1 has an email address on file.

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Heliogen Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M
1,065
—

Heliogen's latest round of $39.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Heliogen Funding FAQs

What does Heliogen do?

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. Its platform also aligns an array of mirrors to reflect sunlight on a single target with accuracy to transform sunlight into fuels like hydrogen and syngas. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996.

How much funding has Heliogen raised?

Heliogen has raised $122M across 2 rounds on record. The most recent is a Grant of $39.0M announced in Dec 2021.

When did Heliogen last raise funding?

Heliogen's most recent funding round on record is a Grant of $39.0M, announced in Dec 2021.

Who is the CEO of Heliogen?

Bill Gross is listed as CEO at Heliogen.

Where is Heliogen headquartered?

Heliogen is based in Pasadena, California, United States.

How many employees does Heliogen have?

Heliogen is in the 101-250 employee band.

How does Heliogen's funding compare to other Energy startups?

Heliogen's latest round of $39.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Heliogen Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Heliogen is left off this page rather than filled in.

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