Berlin-based greentech startup GALVANY has successfully closed a €10 million seed funding round to advance its mission of making clean heating economically compelling. The investment was led by SET Ventures and co-led by AENU, signaling strong confidence in the company's innovative approach. GALVANY has developed an integrated platform that simplifies the adoption of heat pumps, achieving profitability and significant revenue growth since its founding in 2022.
An Integrated Approach to Decarbonization
At the heart of GALVANY's strategy is a connected energy platform designed to streamline the entire heat pump lifecycle, from acquisition to ongoing management. The system is built around the proprietary GALVANY Cube hardware, which is produced in partnership with Panasonic. This hardware integrates heat pumps with battery storage, all managed by the company's GALVANY Fusion energy management software to optimize household energy consumption.
The company's technology is engineered to make clean heating not only more efficient but also more affordable for consumers from day one. By leveraging dynamic electricity pricing, strategic load shifting, and spot-market arbitrage, the system actively works to lower energy costs. This focus on economic viability addresses a key barrier to the widespread adoption of renewable heating solutions in residential buildings.
A Scalable and Efficient Business Model
Unlike many competitors that depend on costly direct sales operations, GALVANY employs a network-based platform model. This innovative structure connects customer acquisition, procurement, installation, and system management into a single, efficient workflow. By orchestrating the entire value chain, the company enhances scalability and operational efficiency, enabling a faster rollout of its clean energy systems across the market.
The effectiveness of this model is reflected in the company's remarkable financial performance and market penetration. In 2025, GALVANY generated €20.1 million in revenue, marking a sevenfold increase while achieving positive EBIT and overall profitability at the seed stage. To date, the company has successfully installed over 2,500 heat pump systems, contributing to a significant reduction of 3,850 tonnes of CO2 emissions.
Addressing Key Market Challenges
According to founder and CEO Raik Belka, the primary obstacles to heat pump adoption in Germany are not technological but logistical and economic. He notes that challenges related to subsidies, limited installation capacity, and financial viability for end customers hinder progress. GALVANY's platform is specifically designed to overcome these hurdles by creating a sustainable business model that improves efficiency across the entire process.
Future Expansion and Innovation
With the new capital, GALVANY is poised for significant expansion and technological advancement. The company plans to extend its services to multi-family homes and the existing building stock, two critical sectors for decarbonization. Furthermore, the funding will support the growth of its installation and software teams and finance the launch of its GALVANY Fusion software and a new consumer app for digital energy management.
This €10 million investment marks a pivotal moment for GALVANY, empowering the company to scale its proven model and accelerate the energy transition in the building sector. By uniquely combining technological innovation with a focus on economic sustainability, GALVANY is well-positioned to make a lasting impact on the clean heating market. The company's future growth will be crucial in making sustainable energy solutions more accessible and affordable for a wider audience.