Tech Company Financing Transactions
Helio AG Funding Round
Helio AG, based in Zürich, secured $5.2 million from QBIT Capital, Combination VC and Rockstart.
Transaction Overview
Company Name
Announced On
10/5/2023
Transaction Type
Venture Equity
Amount
$5,160,000
Round
Seed
Investors
Proceeds Purpose
The company will use the funds to advance its cloud computing platform. It's improving cloud resource allocation efficiency.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
c/o smartive Pfingstweidstrasse 60
Zürich, 8005
CH
Zürich, 8005
CH
Phone
Website
Email Address
Overview
Data centers consume up to 8% of the global power, and over 80% of the computing resources are wasted. Time to fix it! Helio lets you execute your workloads and applications in the cloud carbon-aware. We constantly optimize for the fewest emissions, the best price + scale.
Management Team
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