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Metris Sparks £2M Funding for UK’s Premier Commercial Property Solution

Metris has secured an impressive £2 million in a pre-seed funding round, championed by Octopus Ventures
By Josefina Dipaolo
January 26, 2024

Unlocking the vast potential of solar power in commercial properties is not just a green dream; it's a £22 billion revenue opportunity. However, navigating the complexities of earnings forecasts and energy negotiations with tenants has kept property owners from fully embracing solar energy. Enter London-based Metris, a solar energy platform leveraging artificial intelligence to simplify this journey.

In a groundbreaking move, Metris has secured £2 million in a pre-seed funding round, spearheaded by Octopus Ventures and Aenu VC. This injection of capital propels the company to launch its end-to-end commercial solar platform in the UK, aiming to revolutionize how property owners evaluate, implement, and capitalize on solar energy within their portfolios.

Co-founded by ex-Octopus VC Natasha Jones and serial startup founder William Whatley, Metris introduces a comprehensive software solution that automates and streamlines the solar energy transition for commercial property owners. This includes an AI-powered portfolio assessment tool and a billing & payments solution, promising a simplified and lucrative journey for property owners.

By replacing the cumbersome manual process, Metris empowers commercial property owners to maximize the value of solar installations and generate a dependable new revenue stream. The platform's AI capabilities generate swift portfolio assessments and financial benefit calculations, enabling property owners to unlock the full potential of their solar investments.

The impact extends beyond financial gains. Metris envisions carbon emission reductions of over 14 million tonnes of CO2e annually in the UK, equivalent to removing 7 million petrol cars from the roads. Fabian Heilemann, founder & CEO of AENU, highlights Metris' unique position in providing end-to-end solar operations for commercial buildings, offering a compelling commercial opportunity while advancing the green energy revolution.

Investor Hope Johnson from Octopus Ventures expresses excitement about Metris' vision, aiming to align incentives and empower every commercial property owner to generate renewable energy. With Natasha and Will at the helm, Metris is not just helping property owners reduce their carbon footprint but also accelerating the UK towards its Net Zero targets. The future of solar energy in commercial properties looks brighter with Metris leading the charge.

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