Sustainable heating startup Vamo raised €7 million in its seed round, expanding it to over €10 million, led by Extantia Capital to advance its heat pump solutions for households.
Sustainable heating startup Vamo raised €7 million in its seed round, expanding it to over €10 million, led by Extantia Capital to advance its heat pump solutions for households.
10/29/24, 4:19 PM
Location
cologneMoney raised
€7 million
Industry
renewable energy
oil and gas
energy
Round Type
seed
Investors
Extantia Capital
Vamo successfully raised €7 million to enhance its innovative solution in sustainable heating, aiming to revolutionize the deployment of heat pumps for energy efficiency. The funding will help the company expand its operations and technology to facilitate the transition from traditional heating systems to eco-friendly alternatives.
Company Info
Location
cologne, north rhine westphalia, germany
Additional Info
Vamo is a sustainable heating startup founded in 2022, based in Cologne, Germany. The company focuses on helping customers transition from oil and gas heating to energy-efficient heat pump systems using its proprietary software solution, HeatOS. With a goal to optimize the installation process and manage the supply chain, Vamo aims to reduce greenhouse gas emissions and reliance on fossil fuels. Additionally, Vamo is building an interconnected network of heat pumps to enhance energy efficiency and reduce costs associated with grid expansion.