Berlin-based Smalt secures €4.1 million in pre-seed funding to accelerate Europe’s green energy transition through the untapped potential of immigrant workers.
The company’s platform upskills talent with specialized training and certification programs in clean energy, and transforms service fulfillment with smart dispatching, AI-driven workflow guidance, and dedicated customer analytics.
The round was led by La Famiglia, Europe’s leading B2B technology investor, and joined by US-based Owl Ventures, the world’s largest education technology investor, along with Axel Springer, Porsche Ventures, and a group of reputable angel investors.
Smalt is already delivering its services to large B2B customers, such as solar and heat pump OEMs, energy companies and large green energy asset retailers who have a centralized demand of homes that need installation services.
Khurram Masood, one of the Co-Founders of Smalt said,“Smalt is purpose-built to bridge the gap between talent shortage and demand surplus. Our training platform will be the source of economic opportunity for tens of thousands of workers”.
Marius Westhoff, Co-Founder of Smalt. said, “By digitizing the predominantly pen-and-paper process of procuring, installing, and maintaining renewable energy solutions, Smalt will empower this new talent to become the engine Europe needs to secure our environmental future”.
Judith Dada, General Partner at La Famiglia VC said, “The transformation of our energy systems, the shortage of skilled workers, and the migrant crisis are among the biggest economic and societal problems Europe faces today. We have been looking for founders that are bold enough to go beyond the proven model of talent marketplaces, which work with existing talent supply, and instead dare to build a company around the creation and productivity of new talent in the blue collar market. Khurram and Marius share incredible experience in the education sector, strong entrepreneurial DNA and the drive needed to have a massive impact in this market.”
Smalt’s innovative education program starts with intensive two to six week academies and continuously trains participants on the job with digital learning technologies to become certified solar and heat pump installation specialists. The first cohort, including individuals displaced by conflict and seeking better opportunities, has already graduated and is actively installing solar systems across Germany.
Smalt is the first talent development and technology services platform for the green trades sector.
Founded by Harvard and Stanford alumni, Khurram Masood and Marius Westhoff, Smalt’s team combines expertise from the solar PV industry, immigration, blue-collar people development, and education technology to create holistic solutions designed to transform Europe’s trades sector, and complete its green energy transition.