New unicorn: Hamburg-based start-up 1Komma5 raises Euro 215 million

Hamburg — 1KOMMA5° has become a unicorn! Just 23 months after its incep­tion, the company has reached a $1 billion valua­tion. “With G2VP as our new lead inves­tor and the appoint­ment of Ben Kort­lang as the new Vice Chair­man of our Board, we are proud to be joined by one of the most respec­ted U.S. tech­no­logy inves­tors in the energy tran­si­tion,” the company commen­ted. Inves­tors include G2 Venture Part­ners (G2VP), Haniel, Porsche Ventures, eCapi­tal, Jan Klat­ten and others.

The mission of 1KOMMA5° is to create a world where ever­yone can live fore­ver on wind and sun for free. — 215 million in equity has now been raised for this purpose and the target volume of 150 million euros has been excee­ded due to over­sub­scrip­tion. In addi­tion, a further €215 million was made available in the form of re-share opti­ons that can be paid as part of the purchase price for new acqui­si­ti­ons. This will enable the company to invest up to €430 million, or a total of $470 million, in the verti­cal inte­gra­tion of the value chain and drive forward tech­no­logy deve­lo­p­ment around Heart­beat and the virtual power plant. drive.

The recent acqui­si­tion of market leader Viasol in Denmark has exten­ded its reach to six markets. “We look forward to expan­ding further in Spain, Italy, Austria and Switz­er­land by the end of 2023. By ente­ring these markets, we can provide more custo­mers with sustainable energy solu­ti­ons and drive the deve­lo­p­ment of a clea­ner, gree­ner future,” the company commented.

https://www.1komma5grad.com