Fresh capital at Smart thermostat provider tado°: The Munich-based high-tech company raised €15.2 million in its most recent financing round. In addition to existing investors, Siemens, Statkraft Ventures, and BayBG are also on board. The startup has raised a total of €30 million since 2011.
tado° has developed smart thermostats that help save energy and increase home comfort. Heating and air conditioning systems adapt to the user's needs thanks to automatic presence and absence detection via the app. Users can also manually control the heating via their smartphone if necessary, keeping an eye on their energy consumption from anywhere.
The company tado° was founded in 2011. The team benefited from the network and expertise of the UnternehmerTUM.
The full article can be found on unternehmertum.de
