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Metris raises USD $5 million to automate energy data

Metris raises USD $5 million to automate energy data

Fri, 2nd Oct 2026 (Today)
Joseph Gabriel Lagonsin
JOSEPH GABRIEL LAGONSIN News Editor

Metris has raised USD $5 million in seed funding in a round led by PT1 Ventures, Octopus Ventures, AENU and Blackfinch Ventures.

The London energy software company also launched Metria AI, a new interface designed to handle operational tasks that energy teams have often managed manually.

Metris is targeting a part of the energy sector that still relies heavily on spreadsheets and disconnected systems. Its platform combines data from sources including inverters, meters, SCADA systems, customer management software, spreadsheets and finance tools into a single record for operators managing portfolios of generation assets.

The company aims to serve as a unified data layer for energy assets, giving owners and operators a live view across portfolios as decentralised energy systems create more complex revenue streams. These include flexibility services, curtailment management, community energy arrangements and corporate power purchase agreements, all of which can require data from multiple systems to be reconciled.

According to Metris, global energy transactions amount to USD $5 trillion a year. It says many power producers still lack a consistent way to connect operational, commercial and market data across their assets.

Growth plans

The funding brings Metris's total capital raised to USD $7.5 million. It will use the new money to expand into wind and combined heat and power systems, continue developing its AI agents and grow more broadly across Europe, with a particular focus on Germany.

Metris says it already has new customers in Germany. The business currently manages more than 10,000 solar plants and 500MW of capacity, and reports that revenue has grown eightfold year on year.

The product began with a narrower focus on solar portfolios. It was built to address data spread across multiple operational and financial systems before broadening into a platform designed to serve a wider range of energy assets.

Metris describes its model as an "intelligent system of record" for energy infrastructure. In practice, this means creating a continuously updated profile of each asset by combining data from asset systems, metering, SCADA, geographic information systems and energy markets, then layering workflows, query tools and AI functions on top.

Sector shift

The fundraising reflects broader investor interest in software built for the operational side of the energy transition. As renewable generation portfolios grow and markets become more fragmented, operators face a greater administrative burden in tracking performance, billing, contracts and market participation across large numbers of assets.

That creates an opportunity for software providers to replace manual processes with systems that standardise data and automate routine work. It also lays the groundwork for AI tools, which depend on consistent and complete data to perform operational tasks reliably.

Natasha Jones, Founder and Chief Executive Officer of Metris, said: "Metris was founded on the core belief that the winners of the energy transition won't be the owners of the most kW of capacity, but those who can view, control and monetise them best. There's no unified layer that lets asset owners, or the AI agents now entering this space, actually see and act on their portfolio. That's the gap we're closing with Metris."

Other investors in the round included Plug and Play and Love Ventures.

Fabian Koening, Partner at PT1 Ventures, said: "Natasha and the Metris Energy team are building the data infrastructure that makes energy assets visible in real-time, unlocking the opportunity for AI to transform the space. Their platform is already driving down the cost of operating asset portfolios at scale and opening market access to flexible energy contracts. Watching the team thrive over the past months only strengthened our conviction to back Metris Energy in this round."