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1KOMMA5° has extended its pre-IPO funding round by €150 million to accelerate growth and scale Heartbeat AI, with Sabanci Climate Ventures joining as a lead investor.

Jul 28, 20255 days ago

Amount Raised

€150 Million

HamburgRenewable EnergyEnergy

Investors

Sabanci Climate Ventures

Description

German home electrification start-up 1KOMMA5° has extended its €150 million pre-IPO funding round, which was initially closed in December 2024. The additional capital will be used to accelerate organic growth and scale Heartbeat AI, a key energy management software. The extension brings Sabanci Climate Ventures on board as a new shareholder, reinforcing the company's strategy amidst regulatory challenges.

Company Information

Company

1KOMMA5°

Location

Hamburg, Hamburg, Germany

About

1Komma5° is an electricity company offering free electricity to all electric vehicle owners financed through trading using GHG quotas.

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