Tado: two million euro to expand


There couldn’t be a better timing for the heating costs trimmer Startup TADO to expand in the european market. Target Partners and Shortcut Ventures invest 2 million Euro in the Munich Startup, and this at the beginning of winter, the most interesting time for heating cost control.

Whit TADO you can regulate your heating by using your Smartphone so you don’t get in waste of energy again. Considering that winter isn’t as far away as we would like it to, they are planing to use their latest investments to capture the distribution in Europe. At the moment, TADO is available in Austria, Germany and Switzerland. As gruenderszene.de reports that tests with users in Great Britan are already happening.


You can meet the team of TADO at the IFA from 6th till 11th September in Berlin.

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