Trill Impact Ventures leads the EUR 43m financing round in tado° GmbH

Tado GmbH, the Germany based smart thermostat developer has raised EUR 43m in a round led by Trill Impact Ventures AB, the Sweden based VC firm of Trill Impact, the Sweden based impact private equity firm, with participation from Bayern Kapital, Kiko Ventures and Swisscanto as well as from existing shareholders.

Target – Tado GmbH

Buyer – Swisscanto Holding AG

Buyer – Bayern Kapital GmbH

Buyer – Kiko Ventures limited

Buyer – Undisclosed Existing investors

Buyer – Trill Impact Ventures AB

Seller – Shareholders

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