Temasek’s deeptech arm leads series A round of SG solar cell innovator
HeliosAR, a Singapore-based solar cell innovator, has raised S$10 million (US$7.5 million) in its Series A funding round led by Temasek’s deeptech investment arm, Sheares Ventures. Other investors in the round include A*STAR’s venture arm, Mistletoe, Seeds Capital, and SEEDS Capital.
HeliosAR develops next-generation solar cells that are more efficient and cost-effective than traditional solar cells. The company’s technology is based on a novel light management system that uses artificial intelligence (AI) to design and optimize solar cell structures.
HeliosAR’s solar cells have the potential to revolutionize the solar energy industry. The company’s technology could make solar energy more affordable and accessible to everyone, helping to accelerate the transition to a clean energy future.
How HeliosAR’s solar cells work
HeliosAR’s solar cells work by converting sunlight into electricity. The company’s technology uses a novel light management system that uses AI to design and optimize solar cell structures. This allows HeliosAR to create solar cells that are more efficient and cost-effective than traditional solar cells.
HeliosAR’s solar cells are also more durable and can withstand harsher conditions than traditional solar cells. This makes them ideal for use in a variety of applications, including rooftop solar panels, solar farms, and even space vehicles.
The potential impact of HeliosAR’s technology
HeliosAR’s technology has the potential to revolutionize the solar energy industry. The company’s solar cells could make solar energy more affordable and accessible to everyone, helping to accelerate the transition to a clean energy future.
HeliosAR’s solar cells could also be used to develop new and innovative solar energy products and applications. For example, HeliosAR’s solar cells could be used to develop solar-powered cars, planes, and even boats.
Conclusion
HeliosAR is a Singapore-based solar cell innovator that is developing next-generation solar cells that are more efficient, cost-effective, and durable than traditional solar cells. The company’s technology has the potential to revolutionize the solar energy industry and help to accelerate the transition to a clean energy future.
HeliosAR’s recent Series A funding round, led by Temasek’s deeptech investment arm, Sheares Ventures, is a testament to the company’s strong potential. The funding will help HeliosAR to accelerate the development and commercialization of its solar cell technology.
I am excited to see how HeliosAR’s technology develops and impacts the solar energy industry in the years to come.
