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Heliae
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Short description

Developer of algae production technology

Founded in 2008
Founded in

Company type Private Public ()
Company type

Industry Group agriculture & food

Sector algae

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Gilbert, AZ Gilbert, United States
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Updated by Cleantech Group on 08/16/2021

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Date Company
Partnerships
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Date Partner Type
07/01/2014
Sincere Sincere
Heliae has formed a joint venture with Japan-based Sincere Corporation to develop a commercial algae production facility in Saga City, Japan; joint venture will be named as Alvita Corporation.
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Confirmed by Sincere
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IPO INFORMATION

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Description

Date Investors Type Amount
07/09/2013 Salim Group Salim Group , Mars Family Mars Family , Thomas J. Edelman Thomas J. Edelman (3)
Post-money valuation of
Investment will be used to support the operation and expansion of Heliae's first commercial facility in Arizona.
Growth Equity $80,000,000
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