Solatom

Valencia, Spain Founded: 2014 • Age: 12 yrs
Developer of solar thermal technology

About Solatom

Solatom is an Energy & Utilities company based in Valencia (Spain) founded in 2014. It operates as a developer of solar thermal technology. Its chief executive is Miguel Frasquet Herraiz. Its focus areas include Energy, Solar Energy, Hardware Developer and Generation Equipment. Its competitors include Abengoa, Heliogen, eSolar, Aalborg CSP and Ausra and 3 more; 5 of its 8 listed competitors have raised funding.

Company details

Solatom is a Spanish company that develops solar concentrators for the generation of heat that is used in industries to heat water and produce steam. Consists of mirrors, vacuum tubes and a fluid that gets heated up to 300 degree celcius by absorbing the solar thermal energy. Claims to produce 25kW from each module.

  • Headquarters Valencia, Spain
  • Sectors
    Energy & Utilities
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website solatom.com
  • Social LinkedIn X
Key Metrics
  • Investors
    bp

    & 3 more

Funding Insights of Solatom

  • Total Rounds 3
  • Investors Count 4

All 3 funding rounds of Solatom with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2020–Series A–Ship2B, Enagas
–
Aug 2020–Series A–Enagas
–
Feb 2018–Seed–Katapult
–
Valuation history

4 investors in total: 4 institutional.

Investors in Solatom

Solatom has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include bp, Enagás and Ship2B.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Social impact investments are facilitated through four acceleration programs.
2013ship2b.orgBarcelona, Spain
Investment consulting services are provided to guide client portfolios.
2016katapult.vcOslo, Norway
Enagás is engaged in managing Spain's gas system and infrastructure.
1972enagas.esMadrid, Spain
bp is recognized as a global energy company.
1909bp.comUnited States
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Investor details for Solatom

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People of Solatom

1 people are tracked at Solatom (1 in leadership).

NameRoleGroup
Miguel Frasquet Herraiz
CEOLeadership
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Complete people profiles for Solatom

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Timeline of Solatom

3 dated milestones of Solatom across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Solatom is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A,.

Competitors of Solatom

Solatom has 8 listed competitors in our database, 5 of them funded. They include Abengoa, Heliogen, eSolar, Aalborg CSP and Ausra, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
abengoa.com1941Seville, Spain–12,468
Energy, water, and waste management services are provided.
edisun.com2013Pasadena, United States––
Heliogen is focused on decarbonizing industries with solar thermal energy.
esolar.com2007Pasadena, United States$239.82M–
Constructs solar thermal power plants to promote sustainable energy solutions.
aalborgcsp.com1987Aalborg, Denmark––
Industrial solar heating solutions developer
ausra.com2000Mountain View, United States$126.1M–
Solar energy technologies are developed for renewable power generation.
tvpsolar.com2008Geneva, Switzerland$18.99M–
Manufactures high temperature to low temperature solar thermal products
ultrasolar.com2010San Francisco, United States$13.27M–
Pyroelectricity is harnessed to increase solar panel energy output.
hyperlightenergy.com2007San Diego, United States$2.02M5
Solar fresnel and CSP technology developer
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Detailed competitors of Solatom

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Top companies in Renewable & Sustainable Energy

10 companies that operate in the same segment as Solatom (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 2.81 BUSD 17.62 K5,752
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Related news about Solatom

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Frequently Asked Questions about Solatom

Solatom was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Solatom is headquartered in Valencia, Spain. It is registered at Valencia, Valencian Community, Spain.

Miguel Frasquet Herraiz is the current CEO of Solatom.

Solatom is a Spanish company that develops solar concentrators for the generation of heat that is used in industries to heat water and produce steam. Consists of mirrors, vacuum tubes and a fluid that gets heated up to 300 degree celcius by absorbing the solar thermal energy. Claims to produce 25kW from each module.

Solatom's top competitors include Abengoa, Ausra and Hyperlight Energy.

Solatom has 4 investors. Key investors include bp, Enagás, Ship2B, and Katapult.

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