Heliene

Sault Ste. Marie, Canada Founded: 2010 • Age: 16 yrs
Solar PV modules are manufactured for utility-scale projects.
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About Heliene

Heliene is a company based in Sault Ste. Marie (Canada) founded in 2010.. Heliene has raised $20 million across 3 funding rounds from investors including Valta Energy, Orion Infrastructure Capital and 2Shorescap. The company has 65 employees as of December 31, 2024. Heliene offers products and services including 108HC M10 SL All Black Module, 132HC M10 SL Monofacial Module, 144HC M10 SL Bifacial Module, and 156HC M10 SL Bifacial Module. Heliene operates in a competitive market with competitors including Kyocera, Silfab Solar, Astrum Solar, Volts and Samsung Renewable Energy, among others.

  • Headquarter Sault Ste. Marie, Canada
  • Employees 65 as on 31 Dec, 2024
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Heliene Inc.
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20 M (USD)

    in 3 rounds

  • Latest Funding Round
    $150 M (USD), Debt – Conventional

    Sep 12, 2023

  • Investors
  • Employee Count
    65

    as on Dec 31, 2024

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Products & Services of Heliene

Heliene offers a comprehensive portfolio of products and services, including 108HC M10 SL All Black Module, 132HC M10 SL Monofacial Module, 144HC M10 SL Bifacial Module, and 156HC M10 SL Bifacial Module. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-quality all-black module for residential solar energy applications.

Monofacial module designed for commercial and industrial solar projects.

Bifacial module that captures sunlight on both sides for utility-scale use.

Advanced bifacial module for efficient energy production in large projects.

Funding Insights of Heliene

Heliene has successfully raised a total of $20M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $150.0M
  • First Round

    (19 Jun 2017)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Series A - Heliene Valuation OIC
Sep, 2023 Amount Debt – Conventional - Heliene Valuation

investors

OIC
Jun, 2017 Amount Grant - Heliene Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Heliene

Heliene has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Valta Energy, Orion Infrastructure Capital and 2Shorescap. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on investing in clean tech sectors
Founded Year Domain Location
Investment partnerships are formed to drive sustainable infrastructure innovation.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Heliene

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Heliene

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Heliene Comparisons

Employees
+
Add Comparison
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Competitors of Heliene

Heliene operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kyocera, Silfab Solar, Astrum Solar, Volts and Samsung Renewable Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Kyocera is engaged in providing technology solutions globally.
domain founded_year HQ Location
Manufacturer of solar PV modules
domain founded_year HQ Location
Solar PV modules are manufactured for renewable energy applications.
domain founded_year HQ Location
Solar panels are manufactured by Volts in Canada.
domain founded_year HQ Location
Samsung Renewable Energy manufactures components for renewable energy systems.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Heliene

Frequently Asked Questions about Heliene

When was Heliene founded?

Heliene was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Where is Heliene located?

Heliene is headquartered in Sault Ste. Marie, Canada. It is registered at Sault Ste. Marie, Ontario, Canada.

Who is the current CEO of Heliene?

Martin Pochtaruk is the current CEO of Heliene.

Is Heliene a funded company?

Heliene is a funded company, having raised a total of $20M across 3 funding rounds to date. The company's 1st funding round was a Grant of $1.45M, raised on Jun 19, 2017.

How many employees does Heliene have?

As of Dec 31, 2024, the latest employee count at Heliene is 65.

What does Heliene do?

Heliene was established in 2010 in Sault Ste. Marie, Canada, within the solar energy sector. Mono and polycrystalline solar panels are produced, featuring different cell configurations and power outputs. These modules are supplied for utility-scale installations, including 20,000 units of 254W panels at the Malmesbury Solar Park in the UK. Operations emphasize manufacturing and project delivery in the photovoltaic industry.

Who are the top competitors of Heliene?

Heliene's top competitors include Kyocera, Silfab Solar and Astrum Solar.

What products or services does Heliene offer?

Heliene offers 108HC M10 SL All Black Module, 132HC M10 SL Monofacial Module, 144HC M10 SL Bifacial Module, and 156HC M10 SL Bifacial Module.

Who are Heliene's investors?

Heliene has 5 investors. Key investors include Valta Energy, Orion Infrastructure Capital, 2Shorescap, Bullrock Renewables, and Sustainable Development Technology Canada.

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