Business · Companies · 7 hrs ago
1KOMMA5° valued at $1.35 billion, plans €100 million AI investment
Hamburg-based 1KOMMA5° has reached a valuation of $1.35 billion in its latest financing round.
The German company plans to invest more than €100 million in 2027 in Heartbeat, its AI-powered energy management platform.
Heartbeat is designed to automate tasks such as electricity trading, billing and metering.
This supports the company’s wider focus on home electrification and managing energy from distributed sources.
1KOMMA5° is considering entering the United States next year, but has not made a final decision.
It is also keeping a US stock market listing under consideration, with its 2027 financial performance expected to help determine whether and when to pursue one.
1KOMMA5° reached a valuation of $1.35 billion in its latest financing round.
The Hamburg-based company plans to invest more than €100 million in its Heartbeat energy AI platform in 2027.
CEO Philipp Schröder said the company is considering entering the US, citing investor interest.
The company is also considering a US initial public offering, with its 2027 financial performance expected to influence the decision.
1KOMMA5° is targeting approximately $750 million in revenue for the 2026 financial year.
- Who
- German energytech company 1KOMMA5°.
- What
- It reached a $1.35 billion valuation and plans to invest more than €100 million in its Heartbeat energy AI platform in 2027.
- When
- The financing round was described as the latest round; the planned investment is for 2027.
- Where
- The company is based in Hamburg, Germany, and is considering expanding into the United States.
- Why
- The investment is intended to expand its AI-powered energy management business. Schröder cited strong investor interest as a factor in considering US expansion.
This story does not have two clearly opposing sides.
1KOMMA5° shelved its US IPO plans amid market uncertainty linked to US renewable energy and trade policies.
The company filed a complaint with the European Commission over German plans to subsidise at least 20 GW of new gas-fired power plants by 2030.
1KOMMA5° reaffirmed its target of approximately $750 million in revenue for the 2026 financial year.
The company plans to invest more than €100 million in its Heartbeat AI platform.
- Latest financing round
- Valuation of $1.35 billion
- Planned Heartbeat investment
- More than €100 million in 2027
- Company headquarters
- Hamburg, Germany
- Revenue target
- Approximately $750 million for the 2026 financial year
- Flexible energy capacity
- More than 600 MW aggregated through its network
What people are saying
We're considering entering the US, because we've seen how much drive and how much interest from investors is actually behind that.
Sources
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