GALVANY Energy, a Berlin-based heat pump platform, has closed a €10 million Seed financing round to accelerate the expansion of its end-to-end platform for heat pump installation, operation, and optimisation. The round was led by SET Ventures, with participation from AENU.
Founded in 2022, GALVANY Energy has developed a comprehensive digital platform designed to streamline the heat pump deployment process across Germany. The platform addresses a critical bottleneck in Europe’s energy transition: the installation and management of heat pump systems in existing buildings, where the vast majority of the continent’s heating demand originates.
According to the startup’s co-founder and CEO Raik Belka, the funding round validates the company’s approach to tackling one of the continent’s most pressing infrastructure challenges. “We are building the infrastructure that will finally make the heat transition work in the existing-building stock,” Belka stated, highlighting the urgency of transitioning away from fossil fuel-based heating systems in older properties across Germany and Europe.
Addressing Germany’s Heat Transition Challenge
Germany faces significant pressure to decarbonise its heating sector, which accounts for roughly half the country’s energy consumption. The existing building stock represents the largest potential for efficiency gains, yet deployment of heat pump solutions remains constrained by fragmented supply chains, skilled labour shortages, and the absence of unified operational platforms. GALVANY Energy’s end-to-end approach seeks to address these barriers by creating a single ecosystem for installation coordination, system operation, and continuous optimisation.
The €10 million capital injection will enable the startup to expand its platform capabilities and deepen its market presence across Germany. The funds will support further development of GALVANY Energy’s technology stack and acceleration of customer acquisition across residential and commercial segments.
Broader European Context
GALVANY Energy’s funding success reflects the growing investor appetite for cleantech solutions addressing Europe’s heating infrastructure gap. As the European Union accelerates its timeline for phasing out fossil fuel heating systems, particularly following revised renewable energy directives, the demand for scalable heat pump deployment solutions has intensified significantly.
Germany, as Europe’s largest economy and industrial powerhouse, represents a crucial market for heat pump technology. However, the challenges facing GALVANY Energy—fragmented supply chains, installation capacity constraints, and the need for operational efficiency—extend across the continent. Similar infrastructure gaps exist in France, Poland, Italy, and other European nations with aging building stocks.
The startup joins a growing cohort of European cleantech ventures targeting the heat transition space, competing alongside established HVAC manufacturers that are increasingly moving toward digital-first business models. For investors like SET Ventures, heat pump infrastructure platforms represent a structural opportunity to unlock billions in required deployment capital across Europe’s building renovation wave.