1Komma5 receives 200 million euros
The start-up wants to use the money to buy more electrical installation companies and launch its software platform on the market.
The climate start-up 1Komma5 has raised 200 million euros in a Series A financing round. According to information from Gründerszene Porsche Ventures, Btov Partners, eCapital and Eurazeo jointly led the round. The Haniel family, the Schürfeld Group and Jan Klatten also invested. Just last December, 1Komma5 received around 100 million euros.
The start-up from Philipp Schröder, Micha Grüber and Jannik Schall buys electrical installation companies and helps them with digitalization. The companies then install solar systems, electricity storage and charging infrastructure for the start-up's customers. 1Komma5 would like to use the money from the financing round to fund further acquisitions. The start-up also wants to accelerate the development of its software platform for a decentralized power grid. This is due to be launched on the market at the end of the month.
1Komma5 received many offers from investors for the current financing round. Co-founder Philipp Schröder is well connected as a former Tesla manager. "In the end, we accepted 20 investors and sent out 40 rejections," Schröder told Gründerszene.
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