btov is excited to be leading the latest investment round in climate-tech startup 1KOMMA5°, together with eCapital and Eurazeo. Blue Elephant Ventures and Haniel also joined in the round with further support from Porsche Ventures.
1KOMMA5° wants to enable people in Europe to live a CO2-free life by providing the technology for a decentralized, clean energy supply, mobility and heat, as well as services that go beyond this. The strategy includes integrating SMEs in the fields of photovoltaics, electricity storage, charging infrastructure and heat pumps, in order to strengthen regional craftsmanship on the one hand and to enable high-quality consulting and installation at the customer’s site on the other.
“There’s no greater challenge of our present-day than getting renewable energy into more households and solving the last mile problem, and there’s no company better placed to accomplish this than Philipp Schröder and his team at 1KOMMA5°.” says CEO and btov partner Florian Schweitzer. “They have the right approach to making renewable energy accessible in a decentralized way and at scale.”
1KOMMA5° is also working on the networking and control of decentralized generation systems, with the aim of fully leveraging the potential of the decentralized energy transition. For this purpose, all installed systems are to become part of a central IOT system.
Read more about the news on here (German) and here (English).