Munich Startup
Tado secures 30 million from Panasonic

Tado secures 30 million from Panasonic

The Tado management team

The Tado management team

Saskia Doll

Saskia Doll

Japanese electronics conglomerate Panasonic is investing 30 million euros in Munich-based smart home specialist Tado. The goal of the partnership is to further develop software to optimize Panasonic heat pumps.

March 25, 2025

1 min. read time

Panasonic is investing through its Heating & Ventilation A/C Company in Tado, a company founded in 2011. With the capital investment, Panasonic aims to strengthen its collaboration with the energy manager. Last year, the two companies announced a partnership to optimize Panasonic’s Aquarea heat pumps.

Tado software makes it possible to automatically adjust heat pump settings to favorable electricity prices and the availability of renewable energy. This is intended not only to reduce energy consumption but also to optimize the efficiency of heat pumps. A software update planned for September 2025 promises savings of up to 30 percent.

With Panasonic’s investment, Tado’s overall financing continues to grow. In addition to Panasonic, investors such as Trill Impact Ventures, Bayern Kapital, Kiko Ventures, and Swisscanto have invested in the company in the past. According to Munich Startup Insights, more than 220 million euros have flowed into Tado in total.

Panasonic already offers its Aquarea heat pumps in Europe in combination with Tado controls. The conglomerate is focusing on close collaboration to advance the technology further. The combination of intelligent controls and efficient heating technology could be a decisive factor for the energy transition in the building sector.

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