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Amazon is investing in the start-up of the Munich smart home, Tado. In addition, the online market plans to create a new logistics center in Saxony-Anhalt.
With the new round of financing, Tado has now raised nearly 90 million euros. With the money, Tado wants to "strengthen its position in the market and continue to invest in the development of high quality products and new service offerings".
Competitor at Google's Nest
Tado's network thermostats connect heaters and air conditioners to the Internet. The application on the smartphone recognizes as soon as residents leave the house or approach it again and adjusts the heating or air conditioning accordingly. Thus, should be avoided wasted energy in the absence. The system can also detect when a window is open and adjust the temperature accordingly. For temperature control at home, Tado also takes into account weather forecasts and applies self-learning algorithms. The goal is to save up to 31% on heating costs while improving comfort and well-being.
The Tado offer goes especially against Nest's air conditioning and heating controllers, which are part of Google's hardware service. However, the competitors are also various medium sized suppliers. Tado points out that around 30% of the world's energy is used for heating and cooling buildings. The smart thermostats market is expected to grow by 54% annually by the end of 2022, for a total of $ 6.8 billion (€ 5.9 billion).
New logistics center
In the meantime, Amazon is also planning to create a new logistics center in Saxony-Anhalt. The location is consistent with the dpa information provided by Osterweddingen in the Börde. Previously, the "Magdeburg Volksstimme" had spoken about it. The company simply stated: "Amazon has not made any announcement." Questions about the possible number of new jobs, the beginning of the opening and other details left the company open.
The US Internet retailer currently operates twelve distribution centers in Germany, including two in Bad Hersfeld, Hesse, Leipzig and Brieselang in Brandenburg. In general, Amazon employs about 2,000 people in logistics centers, according to a spokesman.
When the company publishes its settlement plans is open. According to "People's Voice", excavators are already rolling and mandatory archaeological digs are being done on the site.
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