Heliix’s innovative heat recovery technology transforms this waste heat into electricity, making accessible and affordable renewable energy a reality. Heliix’s goal is to create clean, secure and highly efficient energy solutions that bridge the gap between eco-sustainability and cost-effectiveness. By introducing a series of innovative energy technologies, we aim to shape a sustainable society, one that coexists harmoniously with nature.

Company details

24 Lagoumitzi Street , Kallithea , Athens 17671 Greece

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Business Type:
Industry Type:
Energy - Renewable Energy
Market Focus:
Globally (various continents)
Year Founded:
$1,000,000 US - $10,000,000 US

Rising retail electricity prices, coupled with ever-increasing demand, has created a significant and growing market opportunity for cleaner, cheaper energy. With PhaethonTM, Heliix takes aim at energy conservation, reducing a household’s demand on the grid and on fossil fuels. Strengthened by public policy, the availability of government subsidies and a rising flood of investment, companies, countries and whole economies are steadily reducing their dependence on fossil fuels and embracing clean and renewable energy.

Heliix was founded in the beginning of 2013, on an idea thattransformed the way we think about renewable energy. Nick Arapkoules, who co-founded Heliix along with Panagiotis Papadiamantis and Anastasios Petrou, saw the vast unexploited energy source in solar thermal collectors, and decided to create a technology that uses it to produce clean, low cost electricity. By May of the same year, the technology to make his idea a reality was already under development, and by June of 2013 Heliix was officially born.

Heliix gained industry traction quickly, going from concept to launch within the span of 8 months, while winning recognition as one of the few startups working on groundbreaking tech that could change the world’s energy future. Heliix was selected to become a member of the Eurobank co-founded and sponsored E.G.G (enter•grow•go) accelerator program and received a patent for its groundbreaking technology, the innovation that started it all—the Phaethon™.

Since its official launch in the summer of 2013, Heliix received seed funding, expanded its team, conducted extensive market analysis, created a finalized prototype of the PhaethonTM and became an award winning company.

The Heliix team continues to develop new ideas and market applications, creating innovative technology that reshapes the energy sector.