Vamo, a Cologne-based startup streamlining the change to a high-efficiency warmth pump, has expanded its seed spherical to over €10 million. After elevating €3 million in 2023, Vamo has now moreover secured greater than €7 million in an oversubscribed seed extension spherical. Led by Berlin’s Extantia Capital and Munich’s GET Fund, the contemporary capital can be used to determine Vamo as a number one model in inexperienced heating, scale its nationwide companion community, and additional develop its digital service providing. Present traders caesar., neosfer, and Realyze additionally participated within the spherical.
Launched in 2023, Vamo is on a mission to speed up the transition to sustainable heating. The corporate helps clients change from oil and gasoline to a contemporary warmth pump system in lower than 30 days, guaranteeing dependable and environment friendly operations thereafter. Vamo has developed a proprietary software program answer referred to as HeatOS to optimize the shopper journey from ‘result in warmth’, which manages the advanced provide chain within the background. After set up, the warmth pumps are related to the web and monitored and optimized in Vamo’s management room, which ensures dependable efficiency for many years, maximizing effectivity and minimizing power consumption.
This manner, Vamo is constructing the fastest-growing community of interconnected warmth pumps – the Warmth Fleet™ – forming the spine of a wise system that adapts to fluctuating power demand and optimizing power consumption. A sensible dispatch community that has the potential to avoid wasting billions of euros by decreasing the necessity for pricey grid enlargement and infrastructure prices.
“We’ll render warmth pumps a no brainer for mainstream clients, making it threat and burden-free for householders to modify to the most cost effective type of heating,” mentioned Dr. Jan Ossenbrink, Co-Founder & CEO of Vamo. “All of this whereas incomes cash from stabilizing the ability grid of the long run. The brand new funding will enable us to grab the Edison second in inexperienced digital heating.”
Vamo’s speedy progress is a testomony to the rising demand for sustainable heating options. In accordance with the Worldwide Vitality Company (IEA), warmth pumps have the potential to chop world CO2 emissions by at the very least 500 million tonnes by 2030. In simply six months, the corporate expanded from its base in Cologne to a nationwide presence, rising sixfold year-over-year. At this time, Vamo manages a whole lot of sensible warmth pumps throughout all 16 federal states in Germany, driving ahead the transition to greener, extra environment friendly heating.
“Vamo is ready to guide the way forward for sustainable heating,” added Joern Carlos Kuntze, Co-Founder & Companion at Extantia Capital. “We’re thrilled to again a staff proving that the transition could be sooner, extra inexpensive, and able to saving clients tens of millions. At Extantia, we consider actual innovation delivers inexperienced options at a reduction, not a premium – and that’s precisely what Vamo is reaching.”
“Vamo’s method to heating is each environment friendly and impactful,” commented Florian Löbermann, Companion at GET Fund. “By utilizing knowledge to handle warmth pump installations, they scale back power waste and assist stabilize the grid. This technique straight addresses key challenges in power use, providing a well-designed answer that cuts carbon emissions and lowers infrastructure prices. We’re desirous to assist Vamo as they develop and proceed driving these significant outcomes.”
