tado's solution
Social/Environmental challenge
According to Eurostat and the European Commission, approximately 20% of all GHG emissions result from residential energy usage, and roughly 75% of the European building stock is energy-inefficient, with a large portion of energy consumption wasted
The EU has set targets to improve energy efficiency by at least 32.5% and achieve at least a 32% share of renewable energy by 2030 to combat global climate change
SDG Contribution
SDG #7.3 – Double the global rate of improvement in energy efficiency
Potential contribution: Optimize household energy consumption through use of smart thermostats
SDG 13 – Combat climate change
Potential contribution: Reduce household emissions related to energy consumption
SDG 7.1 – Ensure access to modern energy services
Potential contribution: Enable household uptake of renewable energy supply through dynamic tariffs
SDG 7.2 – Substantially increase the share of renewable energy in the global energy mix
Potential contribution: Enable household uptake of renewable energy supply through dynamic tariffs
SDG 11.6 – By 2030, reduce environmental impact of cities
Potential contribution: Reduce household emissions related to energy consumption
Press Release
27 January 2023
Trill Impact Ventures leads the EUR 43M financing round in tado° GmbH
European leader in smart home climate management reducing household energy costs and CO2 emissions
News
03 April 2023
Trill Impact’s portfolio company tado° announces additional secured funding, bringing the latest round to 55 million Euros
tado° announces further funding from S2G Ventures, alongside 43 million euros from earlier this year,...