💻 Technology 17h ago · Rahul Raj

Profitable German heat pump platform GALVANY closes €10 million Seed round after sevenfold revenue growth

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GALVANY Energy (GALVANY), a Berlin-based heat pump platform, has closed a €10 million Seed financing round to further expand its end-to-end platform for the installation, operation, and optimisation of heat pumps in Germany, with particular emphasis on the existing-building market for multi-family homes.
The round was led by Dutch EnergyTech investor SET Ventures, with Berlin-based ClimateTech fund AENU as co-lead.
Raik Belka, Founder and CEO of GALVANY, said, “We are building the infrastr

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