METRON, an innovative French company in energy intelligence for industries, has announced a new €10 Million fundraising with NTT DOCOMO Ventures (Tokyo), StatKraft Ventures (Düsseldorf) and its current investors BNP Paribas (Paris) and Breed Reply (London).
In less than a year, METRON, a key player in energy intelligence, has raised more than €20 million to support its international growth and the development of its AI-driven digital solutions for industries.
Vincent Sciandra, CEO and Co-founder of METRON, states: “We are pleased to welcome as new shareholders NTT and Statkraft ventures, two leading international investors, as well as further investment, particularly from BNP Paribas Energy Transition Capital. The profile of our shareholders, which also include Breed Reply, an IoT investor, Financière Fonds Privés and Airflux, perfectly reflect our strategy. We want to provide manufacturers with our digital platform so that they can take control of their energy management, independently and wherever they operate in the world, as Danone is currently doing with us.”
Focuses on international expansion
Since the last fundraising announced in October 2018, METRON, has accelerated its international expansion. METRON is now active in a dozen countries with operational centres in Europe (Paris, Milan), Latin America (São Paulo, Mexico City, Bogota), the Middle East (Dubai) and Asia (Singapore).