When was Solatom founded?

Solatom was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Where is Solatom located?

Solatom is headquartered in Valencia, Spain.

Who is the current CEO of Solatom?

Miguel Frasquet Herraiz of Solatom.

How many employees does Solatom have?

As of Sep 30, 2026, the latest employee count at Solatom is 18.

Is Solatom a funded company?

Solatom is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 28, 2018.

When was the latest funding round of Solatom?

Solatom's latest funding was a $***** Series A round on Dec 04, 2020, with participation from 3 investors.

Where does Solatom rank among its competitors?

Solatom ranks 17th amongst 345 active competitors, of which 27 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Heliogen, which secured $13.9M in Jun, 2025.

Who are the top competitors of Solatom?

Solatom's top competitors include Avaada Group, Abengoa and Heliogen. Among them, Heliogen secured the most recent funding round in June, 2025.

Solatom - 2026 Company Profile, Team, Funding & Competitors

Solatom is a series A company based in Valencia (Spain), founded in 2014. It operates as a Developer of solar thermal technology. Solatom has raised an undisclosed amount in funding from investors like Enagas, BP Ventures and Ship2B. The company has 345 active competitors, including 27 funded and 19 that have exited. Its top competitors include companies like Avaada Group, Abengoa and Heliogen.

Company Details

Solatom is a Spanish company that develops solar concentrators for the generation of heat that is used in industries to heat water and produce steam. Consists of mirrors, vacuum tubes and a fluid that gets heated up to 300 degree celcius by absorbing the solar thermal energy. Claims to produce 25kW from each module.

Website: solatom.com
Social
Email ID: *****@solatom.com
Phone Number: +34 **********

Key Metrics

Founded Year

2014

Location

Valencia, Spain

Stage

Series A

Latest Funding Round

Series A, Dec 04, 2020, $*****

Investors

Enagas & 7 more

Ranked

17^th among 345 active competitors

Employee Count

18 as on Sep 30, 2026

Similar Companies

Avaada Group & 288 more

View Solatom's full profile

Solatom has raised funding over 3 rounds. Its first funding round was on Feb 28, 2018. Its latest funding round was a Series A round on Dec 04, 2020 for $*****. 3 investors participated in its latest round. Solatom has 8 institutional investors.

Here is the list of recent funding rounds of Solatom:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 04, 2020	9897404	Series A	7995357	4174231	7784476	8037778
Aug 15, 2020	8979612	Series A	2948696	1513327	4086807	3676771
Feb 28, 2018	4516039	Seed	5984894	3777358	Katapult	1130782

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View details of Solatom's funding rounds and investors

Solatom's employee count trend

Solatom has 18 employees as of Sep 26. Here is Solatom's employee count trend over the years:

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Top competitors of Solatom include Avaada Group, Abengoa and Heliogen. Here is the list of Top 10 competitors of Solatom, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Avaada Group 2009, Mumbai (India), Series A	Renewable energy company specializing in solar, wind, green fuels, and energy storage solutions	$879M	GPSC, Brookfield Asset Management & 9 others	66/100
2nd	Abengoa 1941, Seville (Spain), Public	Provider of energy and water & waste management services	-	EIG Global Energy Partners, First Reserve ... & 4 others	65/100
3rd	Heliogen 2013, Pasadena (United States), Acquired	Producer of hydrogen and syngas using sunlight	$111M	Prime Movers Lab, ArcelorMittal & 24 others	56/100
4th	Absolicon Solar Concentrator 2007, Harnosand (Sweden), Seed	Manufactures solar concentrator	$1.33M	Europa, Investa & 2 others	47/100
5th	Ausra 2000, Mountain View (United States), Acquired	Solar energy technologies	$126M	Azimuth Capital Management, Generation Investment Management ... & 4 others	43/100
6th	TVP Solar 2008, Geneva (Switzerland), Series B	Manufactures high temperature to low temperature solar thermal products	$19M	Agility, Europa & 1 others	43/100
7th	Hyperlight Energy 2007, San Diego (United States), Series A	Solar fresnel and CSP technology developer	$2.02M	California Energy Commission, EvoNexus & 1 others	42/100
8th	Space Solar 2022, Didcot (United Kingdom), Seed	Developer of space-based solar power technology for clean energy generation	$508K	Plug and Play Tech Center	42/100
9th	Aalborg CSP 1987, Aalborg (Denmark), Funding Raised	Industrial solar heating solutions developer	-	Europa	41/100
10th	eSolar 2007, Pasadena (United States), Deadpooled	Constructs solar thermal power plant	$240M	Oak Investment Partners, NRG Energy & 4 others	40/100
17th	Solatom 2014, Valencia (Spain), Series A	Developer of solar thermal technology	-	BP Ventures, Katapult & 6 others	36/100