About
Helios is a technology-driven company focused on developing sustainable solutions for life on Earth and in space. Initially aimed at extracting oxygen from lunar minerals, the company developed the Helios Cycle™, a zero-emission process for producing metals. This process significantly reduces energy consumption by using thermal energy to extract iron from ore, emitting only oxygen in the process.
The Helios Cycle™ also applies to other elements such as silicon, copper, and lithium, offering a versatile method for resource extraction that minimizes environmental impact. Helios is positioned as a leader in green steel production and eco-friendly extraction technologies, advancing sustainable practices in the metals industry.
Funding history · 4 rounds · $18.0M total
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Helios's primary technological innovation?
- Helios developed the Helios Cycle™, a zero-emission process for producing metals like iron, silicon, copper, and lithium using thermal energy, initially aimed at extracting oxygen from lunar minerals.
- When was Helios founded and where is its headquarters located?
- Helios was founded in July 2018 and is headquartered in Petah Tikva, Israel.
- What was Helios's total funding raised as of its last reported round?
- Helios has raised a total of $18,000,000 across multiple seed rounds. For a full financing history, please refer to startupim.
- Which investors participated in Helios's Seed round in May 2022?
- In May 2022, Helios's Seed round included Doral Energy-Tech Ventures and At One Ventures as lead investors, with additional participation from Daniel Recanati and Rhodium.
- What is the current employee count for Helios?
- Helios currently has 32 employees, falling within the 11-50 employee bucket.
- What significant partnership did Helios announce in September 2024?
- In September 2024, Helios Project Ltd. and BlueScopeX Pty Ltd. signed a Memorandum of Understanding regarding the Helios Cycle™ process for producing iron and other metals.
- What was Helios's initial focus before developing the Helios Cycle™ for metal production?
- Helios was initially focused on extracting oxygen from lunar minerals for space applications.
- When did Helios receive a grant from the IIA?
- Helios received a grant from the IIA in June 2020.