METRON Raises €12.5 Million in Funding
METRON, a Paris, France-based cleantech company that offers an energy management platform, has raised €12.5 million in funding.
The round was led by German investor GET Fund and includes METRON's long-standing investors, such as BNP Paribas, Climate Investment, and Vertigo.
GET Fund is an impact venture capital firm investing in Green European Tech startups across energy, mobility, ag & food, and industrial sectors. With 15+ years of experience, it supports sustainable solutions with significant environmental impact.
With the fresh funding, METRON plans to scale its operations, enhance its international partnerships, and support industrial decarbonization roadmaps. The company aims to accelerate its growth in Europe, Southeast Asia, and the Americas.
METRON specializes in the digital management of energy consumption and reducing carbon emissions for industrial businesses. Founded in 2013, it develops digital solutions to help industrial companies optimize and reduce their energy consumption and, consequently, their carbon footprint. Today, the company employs 100 people across 11 countries and has deployed its solution at more than 25,000 sites globally, including 200 in the industrial sector. METRON works with major clients across various sectors, including Danone, Safran, and ArcelorMittal.
Funding Details
Company: METRON SAS
Raised: €12.5M
Round: Unknown
Funding Date: November 2024
Lead Investor: GET Fund
Additional Investors: BNP Paribas, Climate Investment, Vertigo
Company Website: https://www.metron.energy/
Software Category: Energy Management