German utility and tech company metiundo has secured €40 million to scale the rollout of smart metering systems and expand its software platform – all with the aim of boosting the energy transition in the building sector.
The funding round came from funds managed by renewable energy and green infrastructure investor Octopus Energy Generation.
Dennis Nasrun, co-founder and CEO of metiundo, said: “The market is so dynamic precisely because competitive metering point operators are driving implementation. From the outset, we have consistently invested in our own software, achieving a level of quality and flexibility in our platform that sets us apart from the competition. With this new funding, we are now decisively moving towards further scaling: more installations, higher quality, and even greater speed in expanding our platform.”
In the wider European EnergyTech funding landscape in 2025 and 2026, metiundo’s €40 million round sits alongside a steady flow of capital into companies focused on smart energy systems, digital infrastructure and grid optimisation.
In Germany, Berlin-based Ostrom raised €20 million to accelerate smart meter adoption and expand its virtual power plant capabilities, making it a directly comparable domestic example.
Elsewhere in Europe, Swiss startup enshift secured €18.5 million to scale integrated energy-transition and solar financing solutions for the real-estate sector, while London-based tem raised €62.9 million to build AI-native infrastructure for energy transactions, addressing the data and coordination layer of modern energy systems.
Smaller but relevant rounds include Belgium’s LIFEPOWR, which has attracted funding to develop virtual power plant technology, and Spain-based Clevergy, which raised €3.2 million to expand its smart energy management platform.
Taken together, these rounds represent approximately €150 million in disclosed funding and point to sustained investor interest in software-driven energy metering, data integration and optimisation technologies.
Alex Brierley, co-Head of Octopus Energy’s funds management business, said: “The buildings and heating sector is one of the largest CO₂ emitters in Germany, responsible for around 30% of energy-related emissions in the country. At the same time, the metering industry is racing ahead, rethinking how we measure, manage, and connect energy systems. Scaling solutions like metiundo’s allows German homes and businesses to go green and cut costs by optimising the use of energy tech like solar and batteries on-site. We’re proud to support them as they drive this urgent transformation.”
Founded in 2021 by Dennis Nasrun and Felix Mücke, metiundo is an energy scale up with expertise in regulation, IT, and measurement technology. With 70 employees, metiundo looks to offer a comprehensive solution for the digitisation of energy and water data – even in complex buildings.
With Germany facing urgent pressure for a nationwide metering overhaul, smarter systems must be deployed rapidly – and metering point operators are a crucial lever to speed up the rollout.
The funding will be used to further develop the software platform and expand the installation and assembly team. The company plans to specifically recruit additional specialists, particularly for software development, installation, and operations, with the goal to establish integrated smart meter networks across multiple properties to enable data-driven add-on solutions for customers.
What meiundo offers is an all-in-one platform for integrated energy metering across energy and water, and covers almost the entire value chain of energy metering systems in – house: from planning and installation to operation and market communication, right through to software integration and processing of cross-sector measurement data.
It captures a property’s full energy and water use, enabling a holistic approach that links consumption and generation instead of treating sectors separately.
Read the orginal article: https://www.eu-startups.com/2026/02/digitising-energy-and-water-data-for-the-energy-transition-underpins-e40-million-raise-by-berlins-metiundo/
