PIONIERKRAFT raises a high seven-figure amount in Series A financing round from climate tech investor First Imagine!

22.10.2024 08:46:54 CEST | news aktuell GmbH | Press release

Share

Munich, 21 October 2024
Munich-based energy start-up PIONIERKRAFT has raised a high seven-figure amount in its Series A financing round, led by First Imagine!, a European venture capital firm focused on innovative solutions for a sustainable future. With this investment, PIONIERKRAFT will expand its energy-sharing solution for apartment buildings.

"When we founded PIONIERKRAFT in 2019, we saw an opportunity to build a foundation for the energy transition in small and medium-sized apartment buildings," says Andreas Eberhardt, CEO of PIONIERKRAFT. "This funding will help us scale our network of partners and ramp up mass production of our energy-sharing solution."

First Imagine! recognizes PIONIERKRAFT's growth potential and aims to accelerate the renewable energy transition. "Partnering with PIONIERKRAFT allows us to address the large sector of multi-tenant buildings in Germany that has been excluded from rooftop solar installations," says Alexander Starchenko, Managing Partner of First Imagine!.

The financing will also support the launch of PIONIERKRAFTwerk 3.0, setting new benchmarks in performance and ease of use, making the solution even more compelling to landlords and encouraging the decarbonization of Germany's apartment buildings.

PIONIERKRAFT has also welcomed Hartmut Michels, CEO of standata GmbH, to its advisory board. Michels' experience in the housing and energy sector will support the company’s growth and rollout of PIONIERKRAFTwerk. "The PIONIERKRAFTwerk is a big step towards the Home Energy Management System," Michels notes.

The Series A financing round was supported by Quantum Partners, an M&A consultancy based in Munich specializing in corporate finance and growth capital.

Press Contact
PIONIERKRAFT GmbH 
Agnes-Pockels-Bogen 1
80992 Munich
Daniela Schwendy
presse@pionierkraft.de 
www.pionierkraft.de

Maisberger GmbH 

Jennifer Appel/Julia Kirchhoff
Telefon: +49 (0)89 / 41 95 99-77, -55
E-Mail: pionierkraft@maisberger.com

Subscribe to releases from news aktuell GmbH

Subscribe to all the latest releases from news aktuell GmbH by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from news aktuell GmbH

HEIDELBERG achieves significant improvement in profitability after nine months of FY 2025/26 – strategic realignment proceeding as planned5.2.2026 09:08:28 CET | Press release

Sales after nine months up on previous year, increasing by some 6.1 percent Adjusted EBITDA considerably better than in previous year – efficiency measures having a clear impact Incoming orders down on previous year, as expected, due to underlying economic conditions and absence of drupa effect Successful positioning in security, defense, and energy technologies Full-year forecast confirmed despite challenging environment

Daimler Buses teams up with FEV to launch the first hydrogen-powered Setra demonstrator vehicle4.2.2026 11:30:00 CET | Press release

FEV has teamed up with Daimler Buses to create the first coach with a hydrogen fuel cell drive system. The starting point for the “H₂ Coach” technology demonstrator, which is intended for testing purposes, was a conventional Setra coach. This marks an important step toward locally emission-free long-distance travel: short refueling times, ranges of at least 800 kilometers per tank filling, and quiet operation underscore its practicality.

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye