Berlin’s GALVANY raises €10M to fix heat-pump market, already profitable

Germany has plenty of heat pumps on paper, but the real challenge lies in getting them sold, installed, subsidised, and financed without the process breaking down at some point. GALVANY, a Berlin-based startup that manages the entire heat-pump lifecycle from sale and installation to ongoing energy management, has secured €10 million in new funding.

The company is already profitable, a standout achievement in a capital-intensive sector where many startups burn through cash chasing growth. GALVANY’s platform acts as a one-stop shop for homeowners and businesses, handling everything from initial consultation and subsidy paperwork to installation coordination and post-installation energy optimisation. This end-to-end approach aims to eliminate the fragmentation that often plagues the heat-pump market, where customers must juggle multiple vendors, installers, and financing options.

Germany’s push to decarbonise heating has created a surge in demand for heat pumps, but the market remains notoriously complex. Installers are scarce, subsidies change frequently, and financing can be a hurdle. GALVANY’s model addresses these pain points by bundling all services into a single, streamlined experience. The company also offers smart energy management features, allowing users to optimise their heat pump’s performance and integrate it with solar panels or battery storage for greater efficiency.

The fresh capital, which brings GALVANY’s total funding to a significant level, will be used to expand its presence across Germany and potentially into other European markets. The startup’s profitability at this stage signals strong unit economics and a viable path to scaling without relying solely on external investment. As the heat-pump market matures, GALVANY’s integrated approach could become the template for how clean energy technologies are sold and managed at scale.