German energy technology company metiundo has successfully secured $47.5 million in a Series A funding round managed by renewable energy investor Octopus Energy Generation. This significant capital injection is designated to accelerate the nationwide rollout of smart metering systems while simultaneously expanding the company's proprietary software platform. The investment marks a pivotal moment for digitizing the building sector and advancing Germany's critical energy transition goals.
Accelerating Digital Infrastructure
Metiundo plans to utilize the fresh funds to significantly scale its operations by recruiting additional specialists in software development and field installation. The company aims to establish integrated smart meter networks across various properties to facilitate data-driven solutions for real estate customers. By controlling the entire value chain from installation to data processing, metiundo ensures a rapid and flexible deployment of digital infrastructure.
The company’s platform serves as an all-in-one solution that covers the entire metering lifecycle, from planning and assembly to market communication. Unlike traditional models that treat sectors separately, metiundo links consumption and generation data to provide a holistic view of a building's performance. This integration is essential for enabling advanced applications such as flexibility optimization and the management of cross-sector measurement data.
The building sector currently accounts for approximately 30 percent of Germany's energy-related carbon emissions, creating an urgent need for modernization. Traditional analog meters hinder the integration of renewable technologies like solar panels and battery storage systems into the grid. Metiundo addresses this fragmentation by offering a digital ecosystem that unifies electricity, water, and heat data into a single, actionable interface.
Strategic Investment Partnership
Octopus Energy Generation views this partnership as a strategic move to decarbonize the heating and buildings sector through advanced measurement technology. Alex Brierley, co-Head of Octopus Energy’s funds management business, emphasized that the metering industry is redefining how energy systems are managed and connected. This collaboration supports the deployment of solutions that allow homes and businesses to optimize on-site energy usage.
Dennis Nasrun, co-founder and CEO of metiundo, highlighted that the market's dynamism is driven by competitive operators pushing for rapid implementation. He noted that early investments in their own software have resulted in a platform with superior quality and flexibility compared to competitors. With this new financial backing, the company is now poised to decisively increase installation speeds and service quality.
A Growing EnergyTech Landscape
This funding round places metiundo alongside other notable European players attracting capital for smart energy systems and grid optimization in 2025 and 2026. For instance, Berlin-based Ostrom recently raised $24 million to expand its virtual power plant capabilities, while London’s tem secured over $72 million for AI-native infrastructure. These investments collectively signal sustained investor confidence in software-driven metering and data integration technologies across the continent.
The trend extends beyond Germany, with companies like Swiss startup enshift securing capital to scale integrated energy transition solutions for real estate. Smaller rounds, such as those for Belgium’s LIFEPOWR and Spain’s Clevergy, further illustrate the growing momentum behind virtual power plant technology and smart management platforms. Together, these developments represent approximately $180 million in funding, highlighting the sector's robust growth trajectory.
Founded in 2021 by Dennis Nasrun and Felix Mücke, metiundo has grown to employ 70 people with deep expertise in regulation and IT. The company has already installed over 21,000 smart meters, providing a comprehensive "Smart Metering as a Service" model to the real estate industry. Their solution captures a property’s full energy profile, linking consumption with generation to enable smarter grid interaction.
As Germany faces increasing pressure to overhaul its metering infrastructure, metiundo is well-positioned to lead the charge in modernizing building energy management. The successful funding round validates the company's integrated approach to combining hardware installation with sophisticated data analytics. Ultimately, this expansion will empower property owners to reduce costs and meet stringent decarbonization targets through better data visibility.