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CEO: Thibaud Le Séguillon

Wellington contact:
Christian Reitberger

Developing the next generation
of photovoltaics

Based in Dresden – in the centre of a region that possesses one of the most dynamic solar industries in the world - Heliatek is engaged in the development and production of organic solar cells, the next generation of photovoltaic technology. Founded in 2006, the joint spin-off of the University of Dresden and the University of Ulm is working on a technology to build large-scale modules on cheap, flexible substrates using a roll-to-roll production process while maintaining efficiency at the market levels and with the lifetime required for the mass market. Heliatek started with a seed investment from the German semi-public High-Tech Gründerfonds in September 2006. Wellington invested together with strategic investors BASF (on the materials side) and Bosch (on the system-integration side) in the first institutional funding round of Heliatek in June 2007. In November 2009, Wellington Partners led a Series B round of €18 million which is earmarked for building an initial production facility in Dresden.

First investment: June 2007

Heliatek GmbH
Treidlerstr. 3
01139 Dresden
Germany

www.heliatek.com

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