# Green Fusion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/green-fusion

- Industry: Software
- Headquarters: Germany
- Website: www.green-fusion.eu/
- Total disclosed funding: $15M
- Latest round: Series A (Nov 21, 2024)
- Investors on record: 9

## About

Based in Germany and founded in 2021, Green Fusion GmbH develops an AI-based open energy manager that connects, controls, and optimizes energy systems from different sectors. Paul Hock (CEO), Simon Wagenknecht, and Nina Germanus (co-CEO) are the co-founders of the company. In January 2025, Green Fusion GmbH raised EUR 12 million in series A funding co-led by new investor HV Capital and returning investor XAnge, with participation from other returning investors BitStone Capital, Übermorgen Ventures, kopa ventures, Vireo Ventures, and Brandenburg Kapital. Other unspecified investors also participated in the round.

The company’s primary offering is Green Fusion, which is a software platform designed to automate and optimize boiler room operations. This tool helps manage conventional heating systems and facilitates the transition to renewable energy sources, such as heat pumps and photovoltaic systems. The firm's platform enables semi- or fully automatic control of heating systems, allowing for continuous analysis and optimization to reduce energy consumption, costs, and CO2 emissions.

The organization plans to use the January 2025 funding to speed up its expansion objectives, which include installing its solution in 3,000 apartment complexes by 2025, signifying a 300% rise in uptake.

## Funding rounds

- Series A, Nov 21, 2024, $12M — XAnge, HV Capital, Brandenburg Kapital, BitStone Capital, Kopa Ventures, Ubermorgen Ventures, Vireo Ventures
- Seed, Feb 21, 2023, $2.4M — Brandenburg Kapital, PointGuard Ventures, BitStone Capital, Kopa Ventures, High Rise Ventures, Ubermorgen Ventures, Vireo Ventures

## Investors

- Brandenburg Kapital (https://capitalatlas.ai/funds/brandenburg-kapital) — Seed, Series A
- PointGuard Ventures (https://capitalatlas.ai/funds/pointguard-ventures) — Seed
- BitStone Capital (https://capitalatlas.ai/funds/bitstone-capital) — Seed, Series A
- Kopa Ventures (https://capitalatlas.ai/funds/kopa-ventures) — Seed, Series A
- High Rise Ventures (https://capitalatlas.ai/funds/high-rise-ventures) — Seed
- Ubermorgen Ventures (https://capitalatlas.ai/funds/ubermorgen-ventures) — Seed, Series A
- Vireo Ventures (https://capitalatlas.ai/funds/vireo-ventures) — Seed, Series A
- XAnge (https://capitalatlas.ai/funds/xange) — Series A
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series A