Start-up uses cloud to reduce heating costs

Start-up uses cloud to reduce heating costs

How can we reduce heating costs and still keep our homes warm? Tado° – runner up in the 2012 Climate-KIC Venture Competition – offers a cloud-based solution which allows users to control their heating system on the go, and monitor heating costs in real-time.

Based on a personal encrypted cloud-based Tado° account, cutting-edge algorithms generate a control signal for your heating system. Tado° aggregates real-time data such as user behaviour, home characteristics and local weather conditions. A small, smart wireless microcontroller at home “talks” with the tado° web service, potentially saving up to 30 per cent in heating costs.

 

Climate-KIC support

Tado°, a Munich based start-up, was the runner up at the 2012 Climate-KIC Venture Competition and received the corresponding €20.000 prize. Tado° is supported by the Climate-KIC incubation program through which it gains access to a large network of experience and further funding opportunities.

Tado° also participated in the Climate-KIC’s USA Start-Up Tour during the summer of 2012.

Climate-KIC supports European start-ups to provide commercial solutions to climate change. As part of the annual Climate-KIC Venture Competition, twelve start-up companies pitch their business ideas to a jury of experienced entrepreneurs, finance and business people, provide these innovative start-ups with an international platform.

Read the original post on the Climate-KIC Blog.