German Unicorn Secures Fresh Capital for Home Energy Revolution
July 30, 2025, 9:36 am
German ClimateTech unicorn 1KOMMA5° expanded its pre-IPO round, now securing nearly €400 million. This fuels global home electrification and scales its Heartbeat AI energy management software, Europe's largest residential virtual power plant. The company remains profitable, growing revenue despite market headwinds. It aims to deliver cost-effective, clean energy, transforming traditional utilities. Significant investment targets software dominance for future growth.
A leading German ClimateTech unicorn has strengthened its financial position. 1KOMMA5°, based in Hamburg, recently extended its €150 million pre-IPO funding round. This strategic move brings in new investors. It fuels ambitious growth plans. The round initially closed in December 2024. Total equity raised now approaches €400 million. The company remains notably debt-free.
This fresh capital infusion targets critical areas. It accelerates organic growth. It also scales Heartbeat AI. Heartbeat AI is 1KOMMA5°'s proprietary energy management software. It functions as a virtual power plant (VPP). The technology aims to revolutionize home energy use.
Sabanci Climate Ventures joins as a new shareholder. This marks a significant endorsement. Sabanci Climate Ventures is the ClimateTech investment arm of Sabanci Group. Existing investors also show continued confidence. These include Hamilton Lane, CalSTRS, G2VP, and Porsche Ventures. Other key backers are Eurazeo, b2venture, eCapital, 2150vc, Norrsken, and Blue Elephant Ventures. The Haniel and Schürfeld family offices, along with Jan Klatten, complete the strong investor lineup.
1KOMMA5° was founded in 2021. Its mission is clear: drive CO2-neutral energy, heating, and mobility. The company offers a comprehensive one-stop shop for integrated energy solutions. These include photovoltaics, electricity storage, heat pumps, and EV charging stations. This holistic approach simplifies the transition to clean energy for homeowners.
The company's operational footprint is extensive. It operates approximately 80 locations. These span seven global markets. It serves over 120,000 customers worldwide. Its workforce numbers nearly 2,500 employees. This rapid expansion underscores its market leadership.
Financial performance demonstrates resilience. 1KOMMA5° achieved €520 million in revenue for 2024. Organic sales grew by an impressive 36% to €490 million. The company maintains profitability in its core hardware solution business. This is notable given the challenging economic climate. Germany has experienced two years of recession. Europe's solar and heat pump markets have also faced declines. Yet, 1KOMMA5° has sustained robust growth.
Significant investment underpins future strategy. The company is pouring capital into Heartbeat AI. It is also developing its virtual power plant capabilities. This aims to boost software income. Heartbeat AI represents a paradigm shift. It currently controls over 500 megawatts of flexibility capacity. This makes it Europe's largest holistic residential virtual power plant.
The vision for Heartbeat AI is transformative. It aims to replace conventional utility providers. The software uses AI-based, automated direct electricity procurement. This promises the cheapest and cleanest electricity. It seeks to deliver this consistently for decades. Consumers could subscribe to a single energy company for their lifetime. This approach offers stability and cost savings.
Future plans involve substantial software development. From 2025 to 2027, 1KOMMA5° plans to invest over €100 million. This investment will expand its software business. Heartbeat AI is central to this expansion. The focus remains on innovation and market dominance in energy management.
The company's dedication to home electrification is unwavering. It empowers millions of homeowners. They can transition from fossil fuels to renewable energy sources. This contributes directly to global climate goals. Its integrated solutions simplify complex energy systems. It makes clean energy accessible and affordable.
1KOMMA5° is a key player in the ClimateTech landscape. It combines hardware sales with advanced software. This hybrid model drives both profitability and innovation. Its debt-free status provides strong financial flexibility. This allows for sustained investment and strategic expansion. The company is poised for continued growth. It leads the charge towards a CO2-neutral energy future.
A leading German ClimateTech unicorn has strengthened its financial position. 1KOMMA5°, based in Hamburg, recently extended its €150 million pre-IPO funding round. This strategic move brings in new investors. It fuels ambitious growth plans. The round initially closed in December 2024. Total equity raised now approaches €400 million. The company remains notably debt-free.
This fresh capital infusion targets critical areas. It accelerates organic growth. It also scales Heartbeat AI. Heartbeat AI is 1KOMMA5°'s proprietary energy management software. It functions as a virtual power plant (VPP). The technology aims to revolutionize home energy use.
Sabanci Climate Ventures joins as a new shareholder. This marks a significant endorsement. Sabanci Climate Ventures is the ClimateTech investment arm of Sabanci Group. Existing investors also show continued confidence. These include Hamilton Lane, CalSTRS, G2VP, and Porsche Ventures. Other key backers are Eurazeo, b2venture, eCapital, 2150vc, Norrsken, and Blue Elephant Ventures. The Haniel and Schürfeld family offices, along with Jan Klatten, complete the strong investor lineup.
1KOMMA5° was founded in 2021. Its mission is clear: drive CO2-neutral energy, heating, and mobility. The company offers a comprehensive one-stop shop for integrated energy solutions. These include photovoltaics, electricity storage, heat pumps, and EV charging stations. This holistic approach simplifies the transition to clean energy for homeowners.
The company's operational footprint is extensive. It operates approximately 80 locations. These span seven global markets. It serves over 120,000 customers worldwide. Its workforce numbers nearly 2,500 employees. This rapid expansion underscores its market leadership.
Financial performance demonstrates resilience. 1KOMMA5° achieved €520 million in revenue for 2024. Organic sales grew by an impressive 36% to €490 million. The company maintains profitability in its core hardware solution business. This is notable given the challenging economic climate. Germany has experienced two years of recession. Europe's solar and heat pump markets have also faced declines. Yet, 1KOMMA5° has sustained robust growth.
Significant investment underpins future strategy. The company is pouring capital into Heartbeat AI. It is also developing its virtual power plant capabilities. This aims to boost software income. Heartbeat AI represents a paradigm shift. It currently controls over 500 megawatts of flexibility capacity. This makes it Europe's largest holistic residential virtual power plant.
The vision for Heartbeat AI is transformative. It aims to replace conventional utility providers. The software uses AI-based, automated direct electricity procurement. This promises the cheapest and cleanest electricity. It seeks to deliver this consistently for decades. Consumers could subscribe to a single energy company for their lifetime. This approach offers stability and cost savings.
Future plans involve substantial software development. From 2025 to 2027, 1KOMMA5° plans to invest over €100 million. This investment will expand its software business. Heartbeat AI is central to this expansion. The focus remains on innovation and market dominance in energy management.
The company's dedication to home electrification is unwavering. It empowers millions of homeowners. They can transition from fossil fuels to renewable energy sources. This contributes directly to global climate goals. Its integrated solutions simplify complex energy systems. It makes clean energy accessible and affordable.
1KOMMA5° is a key player in the ClimateTech landscape. It combines hardware sales with advanced software. This hybrid model drives both profitability and innovation. Its debt-free status provides strong financial flexibility. This allows for sustained investment and strategic expansion. The company is poised for continued growth. It leads the charge towards a CO2-neutral energy future.