Funding round
1KOMMA5° Growth
Reported as "Growth Equity"
1KOMMA5°, which works in renewable energy system installation in Hamburg, raised $156M in a Growth round announced on 20 Dec 2024, led by CalSTRS and G2 Venture Partners. 8 firms took part. It is 1KOMMA5°'s third venture round on record; the one before was a Series B in Jun 2023.
$156M
Amount raised
150,000,000 EUR converted
Not disclosed
Post-money valuation
8
Investors
2 leads
Valuation
What this round says about the price
1KOMMA5° did not disclose a valuation in this round; its last disclosed one was $1.10B at the Series B (Jun 2023). It came 18 months after 1KOMMA5°'s Series B. It is 25% of the $612M 1KOMMA5° has raised in the venture rounds on record. No later venture round is on record for 1KOMMA5°.
1KOMMA5°'s funding rounds
1KOMMA5° has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
CalSTRS and G2 Venture Partners led the round with 6 other firms.
Lead investors
- CalSTRS new investor
- backs 33 venture-backed companies new investor
Also in the round
- backs 25 venture-backed companies new investor
- backs 44 venture-backed companies new investor
- backs 34 venture-backed companies new investor
- backs 86 venture-backed companies new investor
- Eurazeo backs 103 venture-backed companies new investor
- backs 28 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
23 Growth rounds in Solar Energy Company within a year either side disclosed an amount; the median was $72M, and this round was 2.2 times the median. The closest in time, other companies' Growth rounds in Solar Energy Company:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Solar Landscape Solar Energy Company | 9 Dec 2024 | $184M | not disclosed | not named |
| Origis Energy Solar Energy Company | 15 Jan 2025 | $1.00B | not disclosed | not named |
| Solar Energy Company | 8 Nov 2024 | $58M | not disclosed | Amundi Energy Transition |
| Solar Energy Company | 15 Oct 2024 | $54M | not disclosed | Transition Equity Partners |
| Solar Energy Company | 26 Mar 2025 | $50M | not disclosed | Siemens Financial Services |
| Solar Energy Company | 6 Aug 2024 | $275M | not disclosed | International Finance Corporation |
| Enpal Solar Energy Company | 7 Apr 2025 | $120M | not disclosed | TPG |
| Solar Energy Company | 16 Apr 2025 | $85M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did 1KOMMA5° raise in its Growth round?
1KOMMA5° raised $156M in its Growth round, announced in Dec 2024.
Who led 1KOMMA5°'s Growth round?
CalSTRS and G2 Venture Partners led it, with 2150, Norrsken VC, Hamilton Lane, b2venture and Eurazeo and 1 more.
What was 1KOMMA5°'s valuation at the Growth round?
It was not disclosed; its last disclosed one was $1.10B at the Series B (Jun 2023).
How does it compare with other Growth rounds in Solar Energy Company?
23 Growth rounds in Solar Energy Company within a year either side disclosed an amount; the median was $72M, and this round was 2.2 times the median.