Porsche broadens its horizons and makes an important one investment in the field of smart city technologies: Porsche Ventures, the venture capital unit of the Stuttgart brand, will become a shareholder of 1KOMMA5 °. The Hamburg-based start-up has set itself the goal of expanding the market for zero-emission energy and air-conditioning technology in private homes in a sustainable and decentralized way, thus accelerating the transition to energy at low carbon and zero emissions. 1KOMMA5 ° operates by acquiring interests in major electrical installation companies throughout Europe with particular attention to renewable energy (solar self-supply, heat pumps, energy storage), supporting them in the efforts of digitization and centralization of administrative activities, as well as providing growth capital . At the same time, grid concepts are being developed to make installed devices available for future energy services via proprietary applications and interfaces, such as smart electricity tariffs and virtual power plant concepts.
With this investment, Porsche is broadening its involvement in companies outside its core business and underlining its ambitions in the area of sustainability. “The topic of smart cities is an exciting field of activity for Porsche. Here we mainly deal with the networked, efficient and sustainable city “, Lutz Meschke said, Vice Chairman of the Executive Board and Member of the Executive Board for Finance and IT of Porsche AG. “At Porsche we ask ourselves a question: How can we further improve the quality of life in urban areas? And not just on four wheels, but also with wider premium offerings. In this sense, 1KOMMA5 ° fits perfectly into our investment strategy. ”
“We want to invest more than 100 million euros in acquisitions over the next two years and thus become the one-stop shop for climate-neutral building technology”, stated Philipp Schröder, co-founder and CEO of 1KOMMA5 °. In 2022, the start-up will open flagship stores in German cities to present the ideas of a “carbon neutral home” and a “carbon neutral office” to a wider audience. The first showrooms, modeled on Apple, are planned for Binnenalster in Hamburg and Lingen an der Ems. The name 1KOMMA5 ° says it all: with its business model, the company wants to make a substantial contribution to achieving the goals of the Paris Climate Agreement by keeping global temperatures up to 1.5 ° C.
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