German startup 1Komma5Grad secures $1.35 billion valuation in new financing round

German unicorn 1Komma5Grad was valued at $1.35 billion in its latest financing round as it ramps up investments in its energy AI business.

The startup said it will invest more than 100 million euros ($111.90 million) in its energy AI, named Heartbeat, in 2027.

1Komma5Grad, which defines itself as a home electrification company, through its Heartbeat AI aims to automate processes such as energy trading, billing, and metering