Today in Germany: Tado, Clark



Tado announces $17 million round

Munich-based smart thermostat startup Tado announces a $17 million round. That makes a total funding of $34 million for the Google-owned Nest competitor. Existing investors Target Partners and Shotcut Ventures joined the round, so did  Statkraft Ventures, BayBG and Siemens’ VC arm.

Clark raises over one million Euro

Berlin-based digital insurance broker Clark announces its second investment round. Target Global Seed Fund, ProSiebenSat.1 accelerator, finance experts Karl-Heinz Flöther and Thomas Noth, as well as the Clark management team and Finleap (the inkubator who started Clark) invested over one million.
[Gründerszene] (German)

Image: Tado