Startup

Cologne-based Vamo secures over €7 million to assist clients save billions in heating

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 contemporary capital will likely 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. Present 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 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 answer 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 vitality 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 vitality demand and optimizing vitality consumption. A wise dispatch community that has the potential to avoid wasting billions of euros by decreasing the necessity for pricey grid enlargement and infrastructure prices. 

“We are going to 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,” stated 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 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 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 lots of 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 & Companion at Extantia Capital. “We’re thrilled to again a group proving that the transition will be quicker, extra reasonably priced, and able to saving clients 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 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 vitality waste and assist stabilize the grid. This technique straight addresses key challenges in vitality use, providing a well-designed answer that cuts carbon emissions and lowers infrastructure prices. We’re wanting to help Vamo as they broaden and proceed driving these significant outcomes.”


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