# Pionierkraft

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pionierkraft

- Industry: Renewable Energy
- Headquarters: Munich, Germany
- Website: www.pionierkraft.de
- Total disclosed funding: $12M
- Latest round: Series A (Jul 31, 2024)
- Investors on record: 6

## About

Based in Munich, Germany, Pionierkraft GmbH specializes in innovative energy solutions, focused on providing self-generated solar energy to property owners and tenant associations, effectively reducing operational costs through sustainable practices.Founded in 2019 in Munich, Germany, Pionierkraft GmbH operates in the renewable energy sector, offering solutions for tenant electricity directly from solar power systems. The company was established by Andreas Eberhardt and Nicolas Schwaab, who both possess extensive backgrounds in energy and technology. The firm has completed a total of 5 deals, with the most recent being a Series A funding round in July 2024, raising EUR 10 million, which positions the company at a valuation of EUR 35.24 million post-money.Pionierkraft specializes in providing innovative energy solutions for property owners and tenant associations, primarily focused on reducing operational costs through the direct sale of self-generated solar energy to tenants. The company’s core offering revolves around its proprietary solar power systems, known as PIONIERKRAFTwerke, which harness solar energy generated on building rooftops and distribute it directly to residential or commercial units, simplifying the integration of renewable energy into urban settings. Clients include landlords, property management companies, and housing cooperatives across Germany and other European markets.Pionierkraft's revenue model is structured around the direct sale of solar-generated electricity to tenants, utilizing a streamlined transaction process through an online platform. Clients engage in agreements where they purchase electricity at competitive rates, often lower than traditional tariffs. The pricing structure is flexible and responsive to market conditions, allowing property owners to adjust pricing while maintaining profitability. Revenue is generated via direct transactions, supported by annual billing and legal contract management services provided by Pionierkraft.In July 2024, Pionierkraft GmbH raised EUR 10 million in Series A funding led by new investor First Imagine!, with participation from other investors including Hasler Beteiligungs, GFM Capital, and StanData GmbH. This funding will be utilized to strengthen the company's market presence in the largely untapped sector for solar power solutions in smaller apartment buildings across Germany. Pionierkraft is also planning to develop new products to enhance their solar energy offerings and expand into additional European markets by 2025.

## Funding rounds

- Series A, Jul 31, 2024, $11M — First Imagine!, EIT InnoEnergy SE, Hasler Beteiligungs GmbH, GFM Capital GmbH, standata GmbH
- Seed, Jul 30, 2021 — InnoEnergy
- Seed, Mar 17, 2021, $0.7M — InnoEnergy
- Seed, Dec 20, 2019, $0.3M — InnoEnergy

## Investors

- InnoEnergy (https://capitalatlas.ai/funds/innoenergy) — Seed
- First Imagine! (https://capitalatlas.ai/funds/first-imagine) — Series A
- EIT InnoEnergy SE — Series A
- Hasler Beteiligungs GmbH — Series A
- GFM Capital GmbH — Series A
- standata GmbH — Series A