✉news BusinessStartups first seen 21 h ago, last 16 h ago, peak #3
1KOMMA5° raises €70 million at $1.35 billion valuation
Original: Home Energy Cleantech Startup 1KOMMA5° Raises €70 Million at Unicorn $1.35 Billion Valuation
German home energy cleantech startup 1KOMMA5° has raised €70 million in new funding, valuing the company at $1.35 billion and giving it unicorn status. The company sells and installs heat pumps, solar panels and home energy management systems, and the funding will support its expansion across Europe as demand for household decarbonisation technology grows.
Why now: The large funding round and unicorn valuation in a tough cleantech funding environment make it newsworthy.
Evidence
- Home Energy Cleantech Startup 1KOMMA5° Raises €70 Million at Unicorn $1.35 Billion Valuation · ESG Today
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