| Founded | 2012 |
|---|---|
| Closed | 2023 |
| Country | Germany |
| Sector | Hardware |
| Total raised | €200M+ (multiple rounds, 2012–2022) |
| Collapse type | Fire Sale |
| Founder | Christian Deilmann |
Tado
"Germany's smart thermostat company sold to a French infrastructure fund in a distressed deal after burning through €200M+"
Distressed acquisition below last-round valuation
Key Events Timeline
Tado built smart thermostats and HVAC controls for European homes, raising €200M+.
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