1KOMMA5° Secures $1 Billion in Funding for Green Building Revolution

1KOMMA5°, the pioneering company founded in July 2021 with the ambitious goal of making all buildings CO2 neutral, has recently announced a groundbreaking funding round, successfully raising an impressive €1 billion. This monumental financial boost will enable 1KOMMA5° to further enhance its innovative technology and expand its reach within the renewable energy sector. Central to the company’s mission is “Heartbeat AI,” an advanced artificial intelligence system that seamlessly connects heat pumps, charging stations, and power batteries directly to the energy market. Through this intelligent control, Heartbeat AI ensures that each system operates on a personalized schedule, providing the most affordable and sustainable energy available, whether sourced from on-site solar panels or the broader energy market. With over 450 MW under management, 1KOMMA5° boasts Europe’s largest virtual power plant for residential customers, currently managing more than 40,000 energy systems with competitive electricity prices averaging under 10 cents per kWh. Having already attracted over 100,000 customers and recognized as the European market leader according to an EUPD study in 2024, 1KOMMA5° is poised for significant growth. The newly acquired funding will not only drive the further deployment of renewable technologies but also support the company in expanding its operations across Europe and Australia, where it currently operates over 80 locations with a talented workforce of approximately 2,400 employees. As 1KOMMA5° continues to spearhead the transition to sustainable energy solutions, this funding milestone underscores its commitment to a greener, more energy-efficient future for all buildings.