The Tado management team
Photo: Tado

Tado secures 30 million from Panasonic

The Japanese electronics company Panasonic is investing €30 million in Munich-based smart home specialist Tado. The goal of the partnership is to further develop the software for optimizing Panasonic heat pumps.

Panasonic is investing through its Heating & Ventilation A/C Company in Tado, founded in 2011. With this equity investment, Panasonic intends to further strengthen its cooperation with the Energy manager Last year, the two companies announced a partnership to optimize Panasonic's Aquarea heat pumps.

The Tado software allows the heat pump settings to be automatically adjusted to low electricity prices and the availability of renewable energy. This is intended not only to reduce energy consumption but also to optimize the efficiency of the heat pumps. The software update planned for September 2025 promises savings of up to 30 percent.

With Panasonic's investment, Tado's total funding continues to rise. In addition to Panasonic, investors such as Trill Impact Ventures, Bayern Kapital, Kiko Ventures, and Swisscanto have invested in the company in the past. According to Munich Startup Insights Over 220 million euros have already flowed into Tado.

Panasonic already offers its Aquarea heat pumps in Europe in combination with the Tado control system. The company is committed to close collaboration to further advance the technology. The combination of intelligent control and efficient heating technology could be a decisive factor in the energy transition in the building sector.

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