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 will likely be used to ascertain Vamo as a number one model in inexperienced heating, scale its nationwide associate 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 prospects change from oil and fuel 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 resolution known 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 linked 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 fashion, 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 wise dispatch community that has the potential to save lots of billions of euros by decreasing the necessity for pricey grid growth and infrastructure prices.
“We are going to render warmth pumps a no brainer for mainstream prospects, making it threat and burden-free for owners to modify to the most affordable type of heating,” stated 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 fast development is a testomony to the rising demand for sustainable heating options. In accordance with the Worldwide Power Company (IEA), warmth pumps have the potential to chop world CO2 emissions by a minimum of 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. In the present day, Vamo manages a whole lot of good warmth pumps throughout all 16 federal states in Germany, driving ahead the transition to greener, extra environment friendly heating.
“Vamo is about to steer the way forward for sustainable heating,” added Joern Carlos Kuntze, Co-Founder & Associate at Extantia Capital. “We’re thrilled to again a group proving that the transition could be sooner, extra inexpensive, and able to saving prospects thousands and thousands. At Extantia, we imagine actual innovation delivers inexperienced options at a reduction, not a premium – and that’s precisely what Vamo is attaining.”
“Vamo’s method to heating is each environment friendly and impactful,” commented Florian Löbermann, Associate at GET Fund. “Through the use of information to handle warmth pump installations, they cut back power waste and assist stabilize the grid. This technique instantly addresses key challenges in power use, providing a well-designed resolution that cuts carbon emissions and lowers infrastructure prices. We’re desperate to assist Vamo as they develop and proceed driving these significant outcomes.”
