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Series A of €40 million successfully closed with Octopus Energy Generation!

  • saskiasturm
  • Mar 18
  • 1 min read

The press release is available for download below.

Co-founders Dennis Nasrun (CEO) and Felix Mücke (CTO) after signing. Photo: private.
Co-founders Dennis Nasrun (CEO) and Felix Mücke (CTO) after signing. Photo: private.

We’re absolutely delighted to announce a €40 million funding round from funds managed by Octopus Energy Generation — one of the world’s leading investors in renewable energy and green infrastructure.


With such a strong partner by our side, we’re shifting into the next gear:

  • Accelerated rollout of smart metering systems

  • Targeted advancement of our software platform

  • More data-driven solutions for the energy and water sectors


As an independent competitive metering point operator for the real estate industry, we have already installed over 21,000 smart meters — and we’re only just getting started. Our “Smart Metering as a Service” approach covers the full rollout of smart meters in buildings end to end: from procurement, project management and installation through to operation, market communication, and the intelligent processing of cross-utility metering data.

Why does this matter?

Because the energy transition in the building sector will only succeed if consumption, generation, and the associated data are considered holistically. That’s exactly where we come in — with integrated solutions that create transparency, enable efficiency, and lay the foundation for new applications such as flexibility optimisation, storage, and smart grids.


 
 
 

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