GALVANY 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, with a particular focus on existing multi-family residential buildings. The round was led by Dutch energy-tech investor SET Ventures, with Berlin-based climate-tech fund AENU participating as co-lead.
At the core of GALVANY’s offering is a connected energy platform built around its proprietary GALVANY Cube hardware, produced in partnership with Panasonic in Pilsen. The system integrates heat pumps, battery storage, and GALVANY Fusion energy management software to help households and property owners optimise energy use and costs.
Raik Belka, CEO and Founder of GALVANY, said, “We are building the infrastructure that will help make the heat transition work in existing buildings. In Germany, heat pumps do not fail because of the technology itself, but because of the challenges surrounding subsidies, installation capacity, and economic viability for end customers. Our platform is designed to address these issues by improving efficiency across the entire value chain while creating a sustainable business model.”
The company is also preparing to launch a consumer app that will enable users to monitor and manage their energy systems digitally.
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