- 25
- September
2016
Heliatek raises €80M Series D to increase production capacity by a factor of 40
Capital-intensive smart green startups in Europe aiming at building their own hardware factories have a hard time fundraising. Financially motivated VCs require capital efficiency and prefer hardware startups that outsource manufacturing and the necessary CAPEX. Financing new PV factories in Europe is even more difficult due to China’s hegemony. It turns out it can only be done if you develop the next generation of PV technology, continuously improve efficiency and work diligently on building a co-investor syndicate of family offices, corporates and governments. Keep in mind that it was the Chinese government that backed a myriad of Chinese manufacturers to hijack the global PV industry. After a very long fundraising journey, 10-year old Organic Photovoltaics (OPV) pioneer Heliatek finally found the capital to build its second 3G solar factory in Dresden, Germany’s epicentre of photonics and organic semiconductors.
Read more- 14
- December
2011
Karl Leo, Jan Blochwitz-Nimoth and Martin Pfeiffer win Deutscher Zukunftspreis 2011
Congratulations to Prof. Dr. Karl Leo, Dr. Jan Blochwitz-Nimoth and Dr. Martin Pfeiffer for winning the Deutscher Zukunftspreis 2011 (DZP11) today. The DZP11 is awarded by the German President and includes €250K prize money. I am very proud of this trio and their work. Karl Leo is university professor at TU Dresden and co-founder of both Novaled and Heliatek, Jan Blochwitz-Nimoth is co-founder and CSO (Chief Scientific Officer) of Novaled and Martin Pfeiffer is co-founder and CTO of Heliatek. It’s all about organic electronics, organic LED and organic PV made in Dresden, Europe’s leading cluster for green photonics.
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