Berlin — metr raised over six million euros, the company offers data-driven solutions for a sustainable and digital real estate industry. With the WIKA Group, the BraWo Group and Mujinzo Labs GmbH, metr was able to gain three new investors. In addition, existing investors, such as Next Big Thing AG and early business angels, have increased their holdings.
A team led by Ariane Neubauer, Partner at Heuking Kühn Lüer Wojtek’s Berlin office, advised metr Building Management Systems GmbH on its Series A financing round.
“On the one hand, we will use the money from the Series A financing round for further product development and investments in our platform. In this way, we will further digitize the real estate industry and thus come closer to our goal of significantly reducing CO2 emissions from buildings,” explains Dr. Franka Birke, CEO & Founder of metr. “The building sector is currently under great pressure to act. The aim is to achieve climate targets, save energy and significantly increase energy efficiency, especially in existing buildings. That’s why we will also use the cash injection to expand our team to meet the increased demand.”
metr can look back on a very successful fiscal year 2022. The young company was able to triple its customer base and expand its digital platform for technical building equipment with additional partner solutions.
In view of the energy and climate crisis, the company has launched another solution to complement the remote monitoring of heating and drinking water systems: AI-supported heating optimization. Because, according to Dr. Franka Birke, it is becoming increasingly important for building owners and facility managers to reduce energy costs, save resources and implement efficient, safe and sustainable building management. This also convinced the investors.
Advisors to metr Building Management Systems GmbH: Heuking Kühn Lüer Wojtek
Ariane Neubauer (lead; venture capital), Astrid Reich (employment law), Shimon Merkel (venture capital), all Berlin