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Germany Project Notice - TADO (EGFF)


Project Notice

PNR 27201
Project Name TADO (EGFF)
Project Detail The project covers the promoters Research, Development and Innovation activities with the aim to improve and extend its smart climate control products and services portfolio, capital expenditures related to the renting business model of its smart thermostats and new customised manufacturing assets, operational expenditures related to the development of the value chain, logistics and after sales support and the increase in working capital linked to the projected company growth. The project will take place between 01/01/2018 and 31/12/2020. Objectives The objective is to support the growth of an innovative small and medium-sized enterprise (SME) in the EU, focused on the development and sales of smart home thermostats and smart home climate control solutions.
Funded By European Investment Bank
Sector Other Industries
Country Germany , Western Europe
Project Value EUR 45,000,000

Contact Information

Company Name TADO GMBH
Web Site http://www.eib.org/en/projects/pipelines/pipeline/20170815

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