Germany-based Metergrid raises €2.7M to further impact the sustainable energy industry

metergrid develops innovative SaaS products for specific problems of decentralized energy systems. The first product successfully placed on the market included an automated cloud solution for the profitable realization, management & billing of tenant power projects and charging infrastructures. The objective of metergrid is to develop further technology-based products and services and thus to be a driving force for a sustainable energy industry. Here are details of metergrid’s latest funding round :

🚀 Launch

2020

🏭 Industry

Energy

🧠Management

Julian Schultz, John Mewes, Pascal Stephen, Magdalena Strasburger, Jörn Kruff, David Biener

💸 Funding & Investors

  • Investment (September 2023) : €2.7 million (Seed)
  • Investors : led by 468 Capital, with participation from Mätch VC, Tiny Supercomputer Investment Company, and German footballer Mario Götze.

🎯 Funding purpose

Scale of operations

🌐 Country HQ

Germany (Stuttgart)

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