GALVANY Raises €10M Seed Funding To Expand Heat Pump Platform In Germany

Founded in 2022 by Raik Belka GALVANY offers an integrated platform that combines heat pump acquisition, installation, and ongoing management in a single solution. The company has deployed more than 2,500 heat pump systems and generated €20.1 million in revenue in 2025, while also reporting positive EBIT.

At the core of its offering is the GALVANY Cube, proprietary hardware developed in partnership with Panasonic in Pilsen. It connects heat pumps, battery storage, and GALVANY Fusion energy management software to optimise energy usage and reduce costs for households and property owners.

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Rather than relying on traditional direct sales, GALVANY operates a network-based model that links customer acquisition, procurement, installation, and operations. The company is also preparing a consumer app to give users digital control over their energy systems.

According to founder and CEO Raik Belka, the company is focused on solving key barriers that have slowed the adoption of heat pumps in Germany’s existing building stock, aiming to make deployment simpler, more scalable, and more cost-efficient.

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.

About GALVANY

GALVANY is an end-to-end platform for the heat transition, combining modular hardware and data-driven software to simplify planning, subsidies, and installation. Its GALVANY Fusion energy OS optimises real-time energy use, helping turn heat pumps into grid assets while enabling installers to scale and homeowners to access efficient energy systems.