GALVANY raises €10M seed funding to scale heat pump platform for multi-family buildings in Germany
By
Tamara Djurickovic
Summary
Berlin-based GALVANY Energy GmbH has raised €10 million in seed funding to expand its integrated platform for installing, operating, and optimizing heat pumps across Germany, specifically targeting existing multi-family residential buildings. The round was led by SET Ventures with AENU as co-lead. Founded in 2022 by Raik Belka, the company aims to streamline the entire heat pump lifecycle from acquisition to management.
Source
Key quotes
· 3 pulledGALVANY Energy GmbH has raised €10 million in seed funding to support the continued development and rollout of its platform for the installation, operation, and optimisation of heat pumps across Germany
The round was led by Dutch energy-tech investor SET Ventures, with Berlin-based climate-tech fund AENU participating as co-lead
Founded in 2022 by Raik Belka, GALVANY has developed a platform that integrates the acquisition, installation, and management of heat pump systems
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