Germany · Funded startup
5 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
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Funding summaryUpdated 5 Nov 2026
$116Mraised across 5 rounds since 2013, from 5 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
Reported by Silicon Canals
From a historical funding record
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Target Partners
Shortcut VenturesAmazon
Panasonic Heating & Cooling Solutions EuropeL
European Investment Bank
Siemens
S2G Investments
e.on
Statkraft VenturesMissing a round, or an investor who was in one? Tell us.
These 4 firms list tado° as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
tado°'s investors include Target Partners, Shortcut Ventures, Amazon, Panasonic Heating & Cooling Solutions Europe and European Investment Bank, and 8 more on record. Panasonic Heating & Cooling Solutions Europe led its latest round.
tado° has raised $116M across 5 rounds since 2013.
tado°'s most recent round, $33M, was in Mar 2025, led by Panasonic Heating & Cooling Solutions Europe.
tado°'s largest round on record is $50M (Undisclosed round), in Oct 2018.
tado°'s first round on record, in Sept 2013, was backed by Target Partners and Shortcut Ventures.
tado°'s latest named round is an Undisclosed round, in Oct 2018.
tado° is based in Germany.
Panasonic Heating & Cooling Solutions Europe led the funding round in 2025.
In the same sector, and raised in the last eighteen months.
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Germany · 
