Ecosummit launches in Paris on 6 March 2018 at Bpifrance Le Hub
Their president rocks, the market is huge, the startups are hot, investors go crazy and Paris is the place to be. The more we know about it, the more we love the French innovation factory and ecosystem. It has all the ingredients that are necessary to develop big startups with the help of awesome technology and superior business skills. Paris hosts a lot of VCs and corporates that invest in smart green startups. Above all, the outstanding experience and ambition of the French entrepreneurs make the difference. And now the capital has Station F, a beautiful and inspiring startup campus that was created by the telco billionaire Xavier Niel who is also an investor in Breakthrough Energy Ventures. It is about time that we take a deep dive into smart green France and launch Ecosummit Paris on 6 March 2018 at Bpifrance Le Hub. With the help of our sponsors and local friends we put together an exciting agenda presenting the crème de la crème in smart green energy, mobility and cities.
Read moreInven Capital announces €20M investment in Tado at Ecosummit Berlin 2016
Ecosummit TV: Our smart green innovation community is making deals and sharing breaking news at Ecosummit. During their ECO16 Berlin presentation, Petr Mikovec and his Inven Capital team announce their €20M investment in Tado, one of the fastest-growing smart green startups in Germany. The Munich-based late stage startup provides climate control services to households by controlling heating and air conditioning systems. Tado was founded in 2011, pitched at Ecosummit Berlin 2012 for the first time and grew their team to 100 employees. Inven originally contacted Tado in 2015 and wanted to join the last round but it was too late. Eager to get into the deal, Inven today invests alone at a higher valuation than Tado’s last financing round of €15.2M in October 2015. The existing shareholders Siemens Venture Capital, Statkraft Ventures, Target Partners, Shortcut Ventures and BayBG did not participate again and accepted dilution. Christian Deilmann, CEO of Tado, comments: “We currently have a lot of traction growing at 400% annually in 12 European markets, USA and Singapore. Although we are well-funded thanks to our last round in autumn 2015, Inven Capital presented a great opportunity to strengthen our position in Central and Southeastern Europe and further accelerate our growth and innovation leadership. Our goal is an IPO in a couple of years.”
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