Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

European home climate control service Tado gets $17.1 million in financing round led by leading venture capital funds and European blue chip companies

Posted 7 years ago

Region:

Turkey, San Marino, Slovakia, Sweden, Russia, Serbia, Romania, Portugal, Poland, Norway, Netherlands, Malta, Monaco, Luxembourg, Liechtenstein, Italy, Iceland, Ireland, Hungary, Croatia, Greece, United Kingdom, France, Finland, Spain, Denmark, Germany, Czech Republic, Switzerland, Belgium, Austria, Andorra
Sector:

Software & Services, Household & Personal Products, Diversified Financials
Deal Size:
$17.1 million
Buy Side Company:
Siemens AG, Statkraft Venture Capital
Sell Side Company:
Target Company:

tado°

European market leader in intelligent home climate control, tado°, announced a $17.1 million financing round from leading venture capital funds and European blue chip companies. This brings its total funding to $34 million. The venture capital unit of Siemens AG and Statkraft Venture Capital, the investment company of Europe’s largest producer of renewable energy, have invested alongside the venture capital funds Target Partners, Shortcut Ventures, BayBG and others. The tado° Smart Thermostat and Smart AC Control products connect any heating and air conditioning system to the internet. The geo-aware tado° smartphone app automatically senses when nobody is at home and turns down the heating or AC to save energy.

Why should I add a proposition?

Find counterparties that match your capital requirement or investment criteria
Get verified, vetted and analyst-picked introductions to relevant propositions
Generate new relationships
Add Proposition

Aurigin Updates

BB0065509 got introduced to BB0068597 17 hours ago
BB0018577 received an introduction for this Proposition yesterday
BB0068333 received an introduction for this Proposition yesterday
BB0068333 requested for a profile disclosure for this Proposition yesterday
BB0015199 received an introduction for this Proposition yesterday

Securities are offered through Finalis Securities LLC, member of FINRA / SIPC. Aurigin is not a registered broker-dealer, and Finalis Securities LLC and Aurigin are separate, unaffiliated entities.

www.aurigininc.com is a website operated by Aurigin Inc., a privately held Delaware corporation. Aurigin provides deal origination services. Other services, such as securities-related transactions, are offered separately by Sohil Poojara in their capacity as registered representatives of Finalis Securities LLC, member of FINRA/SIPC.