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