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Thermondo

ClimateTech·Germany·Active·11yr hold
Entry
2015
Hold
11yr
Status
Active

Who owns Thermondo?

Thermondo is a German ClimateTech company, now owned by Brookfield Infrastructure, which acquired it in 2021 from IBB Ventures.

Vorwerk Ventures and HV Capital are still listed as investors in Thermondo, status not confirmed after the 2021 sale.

Hand-verified · updated 2026-07-02

Open JSON · CC-BY
HV Capital
Most recent investor
HV Capital
HV Fund VI · 2015 · VC
3 ownership periods · full history below

Key facts

HQGermany
SectorClimateTech
StatusActive

Ownership history

3 ownership periods · co-invest detected

Active
Co-held by HV Capital and Vorwerk Ventures since 2015.
Co-invest · 3 holders · 2013 · present
IBB Ventures
IBB VenturesExited 2021
2013 · 2021(8yr) · VC Fonds Technologie Berlin · 1997 · VC
Secondary · to Brookfield Infrastructure

IBB Ventures sold Thermondo to Brookfield Infrastructure in 2021 after 8 years.

HV Capital
2015 · present(11yr) · HV Fund VI · 2015 · VC
Vorwerk Ventures
2017 · present(9yr) · Vorwerk Direct Selling Ventures (captive) · 2007 · Evergreen

Questions

Who owns Thermondo?

Thermondo is now owned by Brookfield Infrastructure, which acquired it in 2021 from IBB Ventures. Vorwerk Ventures and HV Capital are still listed as investors in Thermondo, status not confirmed after the 2021 sale.

When did Brookfield Infrastructure acquire Thermondo?

Brookfield Infrastructure acquired Thermondo in 2021, buying from IBB Ventures.

Who did Thermondo sell to?

IBB Ventures sold Thermondo to Brookfield Infrastructure in 2021 (Secondary).

Who has owned Thermondo over time?

Thermondo has been through 3 private-equity ownership periods: IBB Ventures · via VC Fonds Technologie Berlin · 2013–2021 · sold to Brookfield Infrastructure · (Secondary); HV Capital · via HV Fund VI · since 2015; Vorwerk Ventures · via Vorwerk Direct Selling Ventures (captive) · since 2017.

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