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Heuking advises metr on its Series A financing round

Photo: Dr. Franka Birke, CEO & Foun­der of metr
7. April 2023

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

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