Berlin, 13.11.2024 – Green tech startup Vamo has successfully increased its seed financing round to over €10 million. The latest financing round of €7 million was led by Extantia Capital, a leading investor in decarbonization and sustainable energy technologies. Together with the GET Fund and existing investors neosfer, Caesar and Realyze, Extantia is supporting Vamo's growth and helping to further advance the development of climate-friendly heat pump solutions. With this financing, Vamo plans to expand its partner network throughout Germany and further develop its digital service offerings.
Vamo, founded in Cologne in 2022, offers smart heat pump solutions that enable the switch from oil and gas heating to climate-friendly heating systems within 30 days. This is made possible by the “Heat OS™” software, which considerably simplifies the daily work of installers. In addition, Vamo evaluates the data generated by the heat pumps to tap into previously untapped efficiency potential.
A CMS team led by Dr. Friedrich von Spee provided Extantia with comprehensive legal advice on the financing. CMS regularly assists investors and start-ups on strategic financing and innovation in the green tech sector.
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