Halio Announces $100M Financing Led by SK and Capricorn

Halio Inc., builder of smart windows, announced an additional $100 million in financing led by inside investors SK and Capricorn Investment Group. Funding enables increased production capability to service orders and to further advance Halio’s electrochromic technology for commercial buildings, residential homes and vehicles.

Marvin and Halio earlier this year announced a partnership that will allow the two companies to bring smart glass to the residential construction market.

SK is Korea’s third-largest company with more than USD 68 Billion in annual revenue. Halio aligns with SK’s focus on ESG (Environmental, Social, and Governance) materials solutions. Capricorn makes investments focused on specific impact areas of sustainability, including clean technology, health and wellness, and energy efficiency.

Halio develops and commercializes advances in electrochromic technology that maximize natural light while mitigating solar heat and glare. The Halio Solution includes advanced smart glass and a cloud-based AI control system.

“Architects and developers have specified Halio Smart Glass into a growing backlog of designs,” says Bruce Sohn, Halio CEO. “Our successful partnership with Viracon, the largest architectural glass fabricator in America, is already accelerating our timeline to increase production output.”