Berlin-based PropTech startup metr has raised around €10.5 million in a Series B financing round, adding SBG-Sächsische Beteiligungsgesellschaft mbH as a new investor. Kachel GmbH, IBB Capital GmbH, BRAWO Capital GmbH, Next Big Thing AG, and existing business angels also participated.
The company develops an AI-based platform for energy-efficient existing buildings, combining energy management and heating optimization through universal connections to existing heating systems. The approach is designed to cut energy consumption, improve efficiency ratings, and protect property values without major renovation work.
The round follows strong operating growth. metr said revenue in fiscal year 2025 rose by more than 80 percent year over year, while net retention exceeded 140 percent.
The new funding will be used to further develop the technology, expand operational infrastructure, continue scaling, build a hub in Saxony, and prepare for international expansion.
The company develops an AI-based platform for energy-efficient existing buildings, combining energy management and heating optimization through universal connections to existing heating systems. The approach is designed to cut energy consumption, improve efficiency ratings, and protect property values without major renovation work.
The round follows strong operating growth. metr said revenue in fiscal year 2025 rose by more than 80 percent year over year, while net retention exceeded 140 percent.
The new funding will be used to further develop the technology, expand operational infrastructure, continue scaling, build a hub in Saxony, and prepare for international expansion.