| Founded | 2011 |
|---|---|
| Closed | 2024 |
| Country | Germany |
| Sector | Hardware |
| Total raised | 215 |
| Collapse type | Fire Sale |
| Founder | Christian Deilmann, Johannes Schwarz, Hans Brandt |
tado°
"Smart thermostats ran out of heat"
Distressed acquisition below last-round valuation
Key Events Timeline
tado° raised €200M to build smart home thermostats but burned cash faster than it could scale subscriptions.
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