Vamo, a Cologne-based startup streamlining the swap 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 recent capital will probably 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. Current buyers 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 swap from oil and gasoline to a contemporary warmth pump system in lower than 30 days, making certain dependable and environment friendly operations thereafter. Vamo has developed a proprietary software program resolution known as HeatOS to optimize the client journey from ‘result in warmth’, which manages the complicated 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 sensible system that adapts to fluctuating power demand and optimizing power consumption. A wise dispatch community that has the potential to avoid wasting billions of euros by lowering the necessity for expensive grid enlargement and infrastructure prices.
“We are going to render warmth pumps a no brainer for mainstream prospects, making it threat and burden-free for householders to change to the most cost effective type of heating,” stated Dr. Jan Ossenbrink, Co-Founder & CEO of Vamo. “All of this whereas incomes cash from stabilizing the facility grid of the long run. The brand new funding will enable us to grab the Edison second in inexperienced digital heating.”
Vamo’s fast 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 not less than 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. Immediately, Vamo manages tons of of good 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 & Associate at Extantia Capital. “We’re thrilled to again a group proving that the transition could be sooner, extra reasonably priced, and able to saving prospects thousands and thousands. At Extantia, we consider 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. “By utilizing information to handle warmth pump installations, they scale back power waste and assist stabilize the grid. This methodology immediately addresses key challenges in power use, providing a well-designed resolution that cuts carbon emissions and lowers infrastructure prices. We’re wanting to assist Vamo as they broaden and proceed driving these significant outcomes.”
