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Heliix

Early Stage Startup





Tagline

Clean, secure and highly efficient domestic energy solutions



Elevator Pitch

Heliix, Inc. is developing an innovative waste heat recovery technology capable of harnessing low-grade waste heat at efficiency higher than state of the art technologies. The wide applicability of this technology allows it to integrate with nearly any heat source from a domestic solar water heater (SWH) to a utility scale power plant. Heliix's first commercial application is the Phaethon, a domestic scale device that retrofits to SWHs and transforms them into cogeneration units capable of generating electricity in addition to hot water. Its operating principle relies on the conversion of a SWH's waste heat into electricity. The high efficiency of the Phaethon (up 150% compared to typical residential photovoltaic), its small size (size of external unit of an air-conditioning system), and capacity to be coupled with all types of SWHs renders it the ideal energy solution for modern households.

Product

Heliix Inc. has developed an innovative waste heat recovery technology capable of transforming waste heat into electricity at previously unattainable efficiencies. This technology has been incorporated into the PhaethonTM, a domestic scale device which can be retrofitted to any existing or newly installed solar water heater. The Phaethon utilizes the solar water heater’s excess heat to produce electricity in addition to hot water, thus transforming it into a cogeneration unit. By coupling the Phaethon with a typical domestic solar water heater, a Greek household can reduce its annual electricity consumption by 30-40%, attain annual monetary savings of €200-€300, and achieve return on investment in 4-6 years (depending on location and collector size). The Phaethon also offers considerable benefits to solar water heaters, doubling both their efficiency and lifespan.



Why we are ecofriendly

Approximately 50% of the energy produced globally dissipates into the environment in the form of waste heat creating an immense opportunity which Heliix intends to capture. The Phaethon is an energy application capable of driving innovation in the global solar thermal industry. Several additional applications leveraging Heliix’s waste heat recovery technology are envisioned with use cases spanning from domestic boilers to utility scale power plants. Heliix’s technology will ultimately enable a clean energy future which is economically competitive and harmonious with the natural environment.


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Version History

2015-04-14 09:47:34 - changed ecopitch to 'Approximately 50% of the energy produced globally dissipates into the environment in the form of waste heat creating...'

2015-04-14 09:47:03 - changed productpitch to 'Heliix Inc. has developed an innovative waste heat recovery technology capable of transforming waste heat into...'

2015-04-14 09:46:34 - changed pitch to 'Heliix, Inc. is developing an innovative waste heat recovery technology capable of harnessing low-grade waste heat at...'

2015-04-01 09:38:50 - changed productpitch to 'Phaethon™ is an innovative energy production device which implements a groundbreaking technology of harnessing...'

2015-04-01 09:26:33 - changed grantsraised to '45.000 €'



Website



Fundraising

We are looking for partners.

Capital Raised

150.000 €

Grants Raised

45.000 €

Employees

Our team consists of six young, highly motivated and qualified members.

Investors

Eses4 Ventures

Customers

Phaethon™ will be launched into the pilot market on May 2015.




Awards

2014 Make Innovation Work (MIW) - 1st prize
Heliix was the 1st place winner of the Make Innovation Work (MIW) international competition, both within its own sector of Energy and Environment and as overall competition winner.


Country of Origin

Greece

Founded

2013

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Team

Nick Arapkoules - CEO

Contact Person

Nick Arapkoules
nick@heliixinc.com

Headquarter

190 Leoforos Andrea Siggrou, 17671 Athens, Greece