Halio Raises $70M in Funding

Halio

Halio, a Hayward, CA-based company providing an electrochromic (smart) glass, raised $70M in funding.

The round was led by SKC.

The company intends to use the funds to further market and develop smart glass technology, focusing on energy savings, environmental impact, and creating beautiful facades, while enabling occupant wellness and comfort.

Halio, which also announced the appointment of Doug Schendt as the company’s new CEO, replacing Bruce Sohn, who has served as CEO since 2020, develops advanced electrochromic (smart glass) technology, enabling control of daylight while optimizing energy savings by reducing solar heat gain and minimizing glare. Its Smart Glass enables architects to design elegant facades, supporting building owners’ pursuit of providing occupants with comfortable and healthy interior environments. The Sky Camera, tint algorithms, and control automation, coupled with fast switching speed, make Halio a smart glass solution that optimizes daylight control and solar heat gain management in real-time.

Empowered by it, windows and skylights are available directly from the Halio and third-party fabricators, including Viracon and Glassbel, with various glass coatings and configurations.

FinSMEs

17/11/2023