GALVANY raises 10 million euros seed and increases turnover sevenfold to 20 million euros

Berlin-based GALVANY Energy GmbH has completed seed financing of 10 million euros and reported strong growth at the same time: Turnover rose to 20.1 million euros in 2025, a seven-fold increase on the previous year. The company has thus grown profitably and is one of the rapidly scaling platforms in the European heat pump market.

The lead investor in the round is SET Ventures, the co-lead is climate tech investor AENU.

Platform for the heating transition in existing buildings

GALVANY was founded in 2022 and has already installed more than 2,500 heat pump systems. The company's aim is to accelerate the heating transition in existing buildings with an integrated platform solution.

We are building the infrastructure that will finally make the heating transition in existing buildings work. Heat pumps do not fail in Germany because of the technology, but because of the gap between subsidy bureaucracy, installation capacity and affordability for the end customer.

Raik Belka, founder and CEO of GALVANY

The focus is on the GALVANY Cube, produced jointly with Panasonic, supplemented by a modular system consisting of a heat pump, battery storage and the AI-supported energy management system GALVANY Fusion.

AI meets energy management

GALVANY intends to use the fresh capital to scale three central areas: One focus is on the multi-family home segment, which is considered particularly CO₂-relevant but has been difficult to electrify to date.

GALVANY Fusion is also being further developed as an "Agentic Energy OS". This is a system that optimizes load profiles in real time and translates dynamic electricity tariffs into direct cost benefits for end customers.

Thirdly, the company is expanding its installation and partner network nationwide in order to accelerate the scaling of the platform.

Profitability as a strategic advantage

In contrast to traditional installation models, GALVANY relies on a fully integrated platform that combines sales, installation and operation.

The company advertises with the approach: "The first heating system that pays for itself." Load shifting, dynamic electricity tariffs and intelligent control are intended to significantly reduce energy costs.

The first version of the GALVANY app, which enables the control of complete energy systems, is also due to be released in the summer.

Investors see structural change in the market

The next phase of the energy transition will not be decided by hardware, but by the software that intelligently connects generation, storage and consumption. GALVANY is one of the few European companies that consistently thinks this logic through from the end device to the power grid.

Dr. Till Stenzel, Partner at SET Ventures

SET Ventures emphasizes the growing importance of software in the energy transition, while AENU particularly highlights the combination of scaling and profitability. GALVANY shows that climate infrastructure is economically scalable even without long-term dependence on subsidies.