Metris Energy Secures £2 Million Pre-Seed Funding for AI Solar Platform

TL;DR:

  • Metris Energy, an AI-powered solar platform for commercial property owners, has successfully raised £2 million in Pre-Seed funding.
  • The funding round was led by Octopus Ventures and Aenu VC, signifying strong investor confidence in the company’s potential.
  • Metris Energy’s platform simplifies and streamlines the adoption of solar energy for commercial real estate owners, with AI-generated assessments and automated contract processes.
  • Co-founders Natasha Jones and William Whatley aim to drive solar energy adoption, improve energy resilience, and reduce carbon emissions in the commercial property sector.
  • The company has already assessed over £2 billion worth of commercial real estate using its AI-powered software.
  • Metris Energy is set to launch its commercial solar platform in the UK this month, including an AI-powered portfolio assessment tool and billing/payment solutions.

Main AI News:

In a significant development for the renewable energy sector, Metris Energy, a pioneering AI-powered solar energy platform designed exclusively for commercial property owners, has successfully raised £2 million in a Pre-Seed funding round. The funding was led by prominent investors Octopus Ventures and Aenu VC. This injection of capital is set to revolutionize the way property owners evaluate, implement, and monetize solar energy solutions within their property portfolios.

Metris Energy has emerged as a trailblazer in the field, presenting an innovative “solar economy” platform tailored to address the unique challenges faced by commercial real estate owners. By harnessing the power of artificial intelligence, Metris aims to enable commercial property owners to embrace solar energy adoption, enhance energy resilience, and fortify energy security while maximizing profitability.

The brainchild of co-founders Natasha Jones, formerly of Octopus VC, and William Whatley, a seasoned software engineer and serial startup founder, Metris has unveiled a comprehensive end-to-end software solution. This cutting-edge platform streamlines and automates every aspect of the solar energy transition for commercial property owners, facilitating the monetization of solar energy assets while concurrently reducing carbon emissions.

Metris’ holistic platform serves as a guiding beacon for property owners throughout their solar journey. It simplifies the often complex process, beginning with the initial assessment, progressing through installation, and extending to ongoing energy management. The utilization of AI-driven algorithms expedites the generation of exhaustive portfolio assessments, swiftly calculating the financial advantages of adopting solar energy, significantly reducing the evaluation time from days to mere minutes. Furthermore, it simplifies the administrative tasks related to solar energy sales to tenants by digitizing and automating contract procedures.

Notably, Metris’ AI-powered software has already conducted assessments on a staggering £2 billion worth of commercial real estate, underscoring the company’s commitment to advancing sustainable energy solutions.

Commenting on this milestone achievement, Natasha Jones, co-founder at Metris, stated, “We’re at the forefront of the decentralized energy revolution, driving the adoption of solar within commercial real estate, and we’re excited to be joined by expert investors to supercharge our mission to turn every building into a power plant.”

Fabian Heilemann, founder & CEO of AENU, echoed the sentiment, emphasizing, “Operational energy use of buildings accounts for ca. 30 percent of global energy-related CO2 emissions. Metris Energy is uniquely positioned to provide end-to-end solar operations for commercial buildings by offering everything from property selection and installation to tenant onboarding, billing, and payments.”

Investor Hope Johnson from Octopus Ventures also weighed in, saying, “Natasha and Will are helping commercial property owners reduce their carbon footprint, improve the energy efficiency of their properties, and accelerate the UK towards the large and legally binding commitments that have been made to Net Zero targets.”

With this infusion of funding, Metris is poised to launch its comprehensive commercial solar platform in the UK this month. This includes the introduction of its AI-powered portfolio assessment tool tailored for commercial real estate owners, as well as its innovative billing and payments solution, further solidifying its position as a trailblazer in the solar energy revolution within the business landscape.

Conclusion:

Metris Energy’s successful funding round and innovative AI-powered platform demonstrate a promising shift towards sustainable energy solutions within the commercial property market. With strong investor support, the company is well-positioned to revolutionize how solar energy is adopted and monetized in the sector, contributing to reduced carbon footprints and enhanced energy efficiency in commercial real estate. This development signifies an exciting step towards a greener future for the market.

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