Chalmers Ventures has contributed to a $1.5m funding round for cleantech developer Metry.
Metry, a Sweden-based platform that analyses energy usage to help real estate companies increase the efficiency of their buildings, has raised Skr14m ($1.5m) in funding from investors including Chalmers Ventures.
Chalmers Ventures, the university venture fund and incubator arm of Chalmers University of Technology, participated alongside lead investor Summa Equity. The round also included Andreas Rydholm, chairman of Metry.
Founded in 2012, Metry has developed a platform that allows property managers to monitor their energy consumption. The platform collects billions of data points from large real estate providers and provides analytics to increase energy efficiency.
The funding will go towards continued brand development and drive growth both in Sweden and internationally.
Chalmers Ventures previously took part in a $700,000 funding round in 2016 together with Almi and assorted angel investors. Metry is a graduate of Chalmers Ventures’ incubator program.
Joel Torkelsson, chief commercial officer and…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
