Berlin, Germany – The German cleantech unicorn 1Komma5 has successfully expanded its significant funding round by attracting a new investor, Sabanci Climate Ventures. This extension increases the initial EUR 150 million (USD 174.8 million) raised in December 2024.
1Komma5 is a leading clean technology company committed to developing innovative solutions to combat climate change. The company’s recent funding round has drawn considerable attention across Europe’s green innovation sector.
Sabanci Climate Ventures, the climate tech investment division of Turkey’s prominent Sabanci Group, has joined the funding round. This collaboration marks a strategic partnership between two influential players in the climate technology arena.
The expanded investment will boost 1Komma5’s capacity to accelerate its research, develop new sustainable technologies, and expand its market presence across Europe and beyond. It will support efforts to scale up clean energy solutions and further the goal of reducing carbon emissions.
Since its founding, 1Komma5 has been recognized for pioneering efforts in renewable energy and environmental technology. The company leverages cutting-edge technology to create efficient, impactful solutions to support a greener future.
The investment from Sabanci Climate Ventures speaks to the growing international interest in cleantech innovation. It highlights the importance of cross-border collaborations in tackling global environmental challenges.
1Komma5’s leadership expressed optimism about this new phase, emphasizing that the fresh capital will enable:
- Faster innovation cycles
- Broader implementation of their clean energy products
This funding round reflects a strong belief in the potential of technology-led climate action. It also signals confidence in 1Komma5’s vision and its ability to make a significant impact in the global cleantech sector.
Stay tuned for Questiqa Europe News for more latest updates.
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