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 can be used to determine Vamo as a number one model in inexperienced heating, scale its nationwide associate 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 clients 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 referred to 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 linked to the web and monitored and optimized in Vamo’s management room, which ensures dependable efficiency for many years, maximizing effectivity and minimizing vitality 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 vitality demand and optimizing vitality consumption. A sensible dispatch community that has the potential to avoid wasting billions of euros by lowering the necessity for pricey grid growth and infrastructure prices.
“We’ll render warmth pumps a no brainer for mainstream clients, making it danger and burden-free for owners to modify to the most affordable type of heating,” mentioned Dr. Jan Ossenbrink, Co-Founder & CEO of Vamo. “All of this whereas incomes cash from stabilizing the facility grid of the longer term. The brand new funding will enable us to grab the Edison second in inexperienced digital heating.”
Vamo’s speedy development is a testomony to the rising demand for sustainable heating options. In keeping with the Worldwide Vitality Company (IEA), warmth pumps have the potential to chop international 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. Immediately, Vamo manages a whole bunch 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 guide the way forward for sustainable heating,” added Joern Carlos Kuntze, Co-Founder & Accomplice at Extantia Capital. “We’re thrilled to again a group proving that the transition might be quicker, extra reasonably priced, and able to saving clients hundreds of thousands. At Extantia, we imagine 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, Accomplice at GET Fund. “By utilizing knowledge to handle warmth pump installations, they cut back vitality waste and assist stabilize the grid. This methodology straight addresses key challenges in vitality use, providing a well-designed resolution that cuts carbon emissions and lowers infrastructure prices. We’re wanting to assist Vamo as they increase and proceed driving these significant outcomes.”
