Tado°, a Munich-based home energy management startup, has raised €30 million from Panasonic Heating & Cooling Solutions Europe, building on a prior partnership to integrate technologies. Founded by Christian Deilmann, Johannes Schwarz, and Valentin Sawadski, Tado° seeks to revolutionize building heating and cooling systems to minimize energy waste and carbon emissions, which account for about one-third of global energy use. The company's smart technologies can reduce energy consumption by up to 28%, enabling cost savings for users while supporting environmental sustainability efforts through automated climate control features and versatile compatibility with various heating and cooling systems.
Tado° aims to create smarter, more efficient climate control solutions that benefit both the environment and consumers by targeting energy waste and carbon emissions.
By decreasing carbon emissions, Tado° supports sustainability efforts while maintaining indoor temperature preferences, allowing users to recover the cost of Smart Thermostats over time.
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