Halio Smart Glass Scores Another $100M in Financing

Halio Smart Glass recently announced an additional $100 million in financing led by inside investors SK and Capricorn Investment Group. SK is Korea’s third-largest company with more than $68 billion in annual revenue. Halio aligns with SK’s focus on Environmental, Social and Governance (ESG) materials solutions.

“SK recognizes the benefits that Halio Smart Glass brings to our lives, the planet and its synergy with our investment in ESG,” said Dong UK Choi, vice president of SK.

Capricorn makes investments focused on specific impact areas of sustainability including clean technology, health and wellness, and energy efficiency.

“Halio is the practical, necessary, inevitable and elegant ingredient for the building industry as it moves to net-zero and occupant wellness,” said Dipender Saluja, managing director, Capricorn Investment Group.

Halio develops and uses electrochromic technology that maximizes natural light while mitigating solar heat and glare. The Halio Solution includes smart glass and a cloud-based AI control system.