Metris Energy raises €4.35m to expand across Europe

Metris Energy secures €4.35m and introduces Metria AI

London-based Metris Energy has raised €4.35 million ($5 million) in Seed funding to develop its software for renewable energy operators and expand its European business, according to EU-Startups. The investment backs a company seeking to make large energy portfolios easier to manage through connected data and artificial intelligence.

PT1 Ventures, Octopus Ventures, AENU and Blackfinch Ventures led the round, with Plug and Play and Love Ventures also participating, EU-Startups reported. The financing follows a €2.3 million pre-Seed round announced in January 2024, which was led by Octopus Ventures and Aenu VC.

Alongside the funding, Metris introduced Metria AI, an interface designed to carry out complicated tasks that operations teams previously handled manually. The launch moves the company's offering beyond presenting information towards executing work on behalf of energy asset managers.

Connecting fragmented data across renewable portfolios

EU-Startups identifies Metris Energy's founders as Natasha Jones, a former Octopus venture capital investor who serves as chief executive, and William Whatley, a software engineer and serial startup founder. The outlet reported that Whatley's LinkedIn profile records his departure from Metris in March 2025.

Metris reported eightfold year-on-year revenue growth and said its platform manages more than 10,000 solar plants representing 500MW of capacity. According to EU-Startups, the company counts some of the world's largest power producers among its customers, although the supplied reporting does not name them or disclose an absolute revenue figure.

The business began by reconciling information held in equipment, customer-management systems, spreadsheets and financial software. Its ambition has since widened: rather than addressing individual inconsistencies, Metris wants to provide a common data foundation across the energy sector, EU-Startups reported.

That foundation combines operational performance and revenue information in an updated record for each physical asset. Metris says it draws on sources including meters, supervisory control and data acquisition systems, geographic information systems and energy markets. Automated workflows, questions expressed in everyday language, revenue-management tools and AI agents sit above those records.

The commercial problem extends beyond monitoring electricity production. Metris says flexibility services, management of curtailed generation, community energy and corporate power purchase agreements create additional revenue opportunities, but the information needed to pursue them is dispersed across disconnected systems. In the company's assessment, reported by EU-Startups, spreadsheets remain central to many producers' operations despite annual global energy transactions of roughly €4.35 trillion ($5 trillion).

Jones and PT1 put control and market access first

Jones argues that success in the energy transition will depend less on how much generating capacity a business owns than on its ability to understand, direct and earn revenue from that capacity. In comments reported by EU-Startups, she identified a missing connection between portfolio data and the ability of owners—or emerging AI agents—to take action. That position frames Metris as infrastructure for operating decisions, rather than simply another reporting tool.

Fabian Koening, a partner at PT1 Ventures, said the platform was already reducing the cost of running large asset portfolios and helping customers access flexible energy contracts, according to EU-Startups. He also said observing the team's progress in recent months had reinforced the investor's decision to participate. Those are investor assessments; the reporting provides no quantified operating-cost savings or contract results.

Germany, wind and CHP lead the next phase

Germany is a particular focus for Metris Energy's European expansion. The company has already brought several new German customers onto its platform, EU-Startups reported, giving it an existing customer base from which to build rather than an entirely new market to enter.

The funding will also support expansion into wind assets and combined heat and power systems. Those additions would broaden the platform's coverage beyond its reported solar portfolio and make it relevant to operators managing a wider mix of generation technologies. The source does not provide a launch date for either extension.

Metris also plans to deepen its agentic capabilities: software that can perform tasks rather than merely return information. For energy companies expanding in the UK or Europe, the practical question is how far those capabilities can reduce the manual work involved in managing additional assets and systems. EU-Startups did not report a deployment timetable or name further priority countries beyond Germany.