Ukrainian venture capital firm Flyer One Ventures has made a new investment in the Austrian startup Heizma.

• While the amount invested by Flyer One Ventures has not been disclosed, the total funding round reached €2.5 million.
• Alongside Flyer One Ventures, the round included numerous angel investors from Austria.
• The funds will be used to scale operations across Austria, further develop Heizma’s energy management technologies, and launch new financial instruments.

Founded in 2023 by three co-founders, Heizma offers a full electrification cycle for Austrian homeowners, providing environmentally friendly and cost-effective solutions.

Until this round, the startup had been growing independently without external funding. Nevertheless, the team has achieved impressive results:

• Over 500 heat pumps sold
• More than 70 employees
• 4 local installation units covering 80% of Austria

The founders said the funding round was closed in just two weeks.