1KOMMA5° reaches $1.35B valuation, plans €100M investment in energy AI

What happened

German energytech unicorn 1KOMMA5° has reached a valuation of $1.35 billion in its latest financing round as it prepares to increase investment in its AI-powered energy management business. The Hamburg-based company plans to invest more than €100 million in its energy AI platform, Heartbeat, in 2027.

Heartbeat AI is designed to automate energy management processes, including electricity trading, billing, and metering, as part of the company's broader focus on home electrification. 1KOMMA5° is also considering expanding into the United States next year, with CEO Philipp Schröder pointing to strong investor interest as a factor behind the potential move .

The company is also keeping the possibility of a US initial public offering under consideration. According to Schröder, its financial performance in 2027 will be a key factor in determining whether and when to pursue a listing.