Heliatek raises additional €15 millions of investment

October 12, 2017 // By Christoph Hammerschmidt
Organic photovoltaics company Heliatek who also is pioneering the roll-to-roll manufacturing of solar films, has acquired a further €15 million from new and existing investors.. By increasing the investment volume, Heliatek will be able to further advance its current development and its global market entry.

The company supplies HeliaFilm to partners in the building materials industry for use on facades and roofs, primarily for industrial and commercial buildings. The solar films enable sustainable and decentralized power generation using solar energy.

An unnamed Asian family-owned company based in Hong Kong and a likewise unnamed German family holding company took part in this round alongside existing shareholders, including Innogy, Engie, BASF, BNP-Paribas, AQTON, eCapital, IRTF and Wellington Partners. The Asian family company has extensive experience in China, where it is also involved in a large manufacturing company of touch solutions in Xiamen. The German family holding company not only brings important first-hand experience, but also an understanding of the construction and building materials industry, Heliatek informed.

Heliatek is currently in the middle of the procurement and preparation of the installation of a new roll-to-roll production line at its Dresden site. Plans call for an annual production capacity of one million square meters of solar films once all the systems have been fully ramped up.

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