The news is out! 1KOMMA5° has rapidly achieved unicorn status within the energy industry, attaining a valuation of 1 billion US dollars in just 23 months. This extraordinary milestone underscores the unwavering dedication and hard work exhibited by the exceptional team behind the company. The recent partnership with G2VP, a renowned lead investor and shareholder, will further solidify their position. Additionally, the appointment of Ben Kortlang as Vice-Chairman of the board strengthens their leadership. With robust support, 1KOMMA5° embarks on a transformative journey to spearhead sustainable energy solutions.
The overarching mission of 1KOMMA5° is to create a world where renewable wind and solar energy are accessible to all, free of charge. Exceeding expectations, the company has successfully raised an impressive 215 million euros in equity, surpassing their initial fundraising target. This substantial investment empowers them to allocate up to 430 million euros toward value chain integration. Notably, 1KOMMA5° has recently expanded its market reach by acquiring the market leader, Viasol, in Denmark, effectively establishing a presence in six markets. By the end of 2023, the company aims to extend its operations to Spain, Italy, Austria, and Switzerland, enabling them to offer sustainable energy solutions to a broader customer base and driving the transition toward a cleaner, greener future.
1KOMMA5° and their CEO Philipp Schröder remains dedicated to the urgent goal of achieving the 1.5° climate target. The company’s steadfast commitment to rapidly enabling carbon-neutral transformations for buildings aligns with the global effort to combat climate change. Innovation and technology form the cornerstone of 1KOMMA5°’s operations. To further enhance their capabilities, the company plans to invest a significant double-digit million amount in establishing a dedicated research and development site in Berlin.
1KOMMA5° emerges as a trailblazer in the energy industry, solidifying their position as a prominent unicorn. Backed by strong financial support, strategic acquisitions, and a resolute commitment to innovation, the company is poised to redefine the clean electricity market. Their resounding mission to democratize renewable energy access and combat climate change propels them forward, shaping a greener and more sustainable world for future generations.
