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IoT news of the week for Jan. 27, 2023

Stacey Higginbotham

Arc Advisory Group ) Tado gets €43M in funding after failed SPAC: German smart thermostat company Tado has raised €43 million ($46.8 million) to help expand into smart energy management services. Tado is one of the earliest smart device companies, having formed in 2011, and it has a large presence in the European Union.