Energy data start-up Metris Energy has raised a $5m seed round to pull scattered energy asset data into one platform, and plans to move beyond solar into wind and combined heat and power.
Metris Energy, which builds an AI platform for managing power plants, closed a $5m seed round on 21 September. PT1 Ventures, Octopus Ventures, AENU and Blackfinch Ventures led the round, with Plug and Play and Love Ventures also taking part. The start-up wants to become the single home for energy asset data across a producer’s portfolio.
This round lifts Metris’s total funding to $7.5m. The company will spend the new money on its automated tools and on moving into wind and combined heat and power (CHP).
A fragmented picture
Metris launched its product in 2025 to serve solar portfolio operators. These owners typically juggle information from inverters, meters, SCADA control systems, customer databases, spreadsheets and finance software. As a result, a simple question about how a site is performing can take hours to answer. SCADA systems control and monitor equipment on site, but they rarely talk to billing or trading tools.
The problem grows as power systems decentralise. Owners now run many smaller sites, and new revenue streams such as flexibility markets add more data sources. So the information needed to manage and earn from those assets ends up spread across many systems.
Metris pulls data from asset systems, metering, SCADA, geographic information systems and energy markets into one continuously updated record. Owners then get a live view of their portfolio. The same record feeds automated workflows, plain-language queries, revenue management and AI agents.
Agents for operations teams
Alongside the round, the company launched Metria AI. This interface carries out complex tasks that operations teams previously handled by hand. For instance, it can pull reports or flag underperforming sites without an analyst stitching together spreadsheets.
Natasha Jones, founder and chief executive of Metris Energy, set out the company’s thesis. She argues that the winners of the energy transition will be the firms best able to see, control and monetise their capacity. In her view, data quality is becoming a competitive edge for power producers.
Metris says revenue has grown eightfold year on year. It now manages more than 10,000 solar plants representing 500MW of capacity.
That works out at an average of around 50kW per plant. It points to a portfolio of many small commercial and community sites, where manual data work weighs most heavily. For those owners, each hour saved on reporting goes straight to margins.
Wind, CHP and Germany next
The next phase takes Metris beyond solar. Wind farms and CHP plants bring different equipment, sensors and market arrangements. Even so, the underlying problem of scattered records is much the same.
CHP plants, which generate electricity and useful heat together, also carry fuel and heat contracts that add further data. Bringing that energy asset data into the same record would let owners compare sites on one screen.
Geographically, the company is targeting growth across Europe, with a particular focus on Germany. It has already signed several new customers there. Germany has a large base of distributed renewables and an active market for flexibility, which makes it a natural target.
Investors bet on the data layer
The investor line-up mixes climate specialists and generalists. Octopus Ventures is linked to the wider Octopus group, which has large renewable holdings. Meanwhile, PT1 Ventures and Blackfinch Ventures back early-stage technology firms. Plug and Play runs one of the largest corporate start-up programmes, which can open doors to utilities and developers.
Data and software start-ups have drawn steady interest as the energy transition adds complexity, as earlier raises for carbon data platforms show. For Metris, the challenge is to prove that a single layer of energy asset data can scale across technologies without losing accuracy. If it can, owners of mixed portfolios may find it easier to operate and trade their assets.
