Tengelmann Ventures’ Post

We are happy to announce our next Climate Tech Investment in KUGU Home GmbH, a provider of digital decarbonization solutions, supporting the real estate sector in meeting their emission targets.   KUGU's products optimize energy systems through real-time monitoring and control of operational parameters, achieving verifiable reductions in CO₂ emissions and energy consumption of up to 30%.   With over 12,000 buildings on the platform, KUGU was able to save 25 million kWh over the last twelve months, without the need for extensive renovation work.   We are looking forward to support the next growth phase together with the Kugu management team Christopher von Gumppenberg and Niko Mikac alongside with current investors.   Thanks to Dr. Jessica Mohaupt, Marielouise Emmer and team from CMS and Dan Bender, Lukas Ingelheim and team from Code & Co. assisting in our Due Diligence process.   Patrick M. Schaich Alexander Greis Lukas Roppelt