Noventic and Inven Capital led a $46m funding round in tado.

Energy equipment and solutions provider Noventic and private equity firm Inven Capital led a $46m funding round in tado, a provider of intelligent home climate management. "The partnership with noventic will kickstart new proptech solutions for the commercial housing market and we’re thrilled to be partnering with noventic who have a wealth of experience in this sector. As a leader in intelligent home climate management, tado° is in an excellent position to bring our energy-efficient solutions to this rapidly-transforming market," Toon Bouten, tado° CEO.