In less than a year, METRON, a key player in energy intelligence, has raised 
more than Euro 20 Million to support its international growth and the 
development of its AI-driven digital solutions for industries

METRON[https://www.metronlab.com/], an innovative French company in energy 
intelligence for industries, has announced a new Euro10 Million fundraising 
with NTT DOCOMO Ventures (Tokyo)[https://www.nttdocomo-v.com/en/], StatKraft 
Ventures (Düsseldorf)[https://www.statkraftventures.com/] and its current 
investors BNP Paribas (Paris)[https://group.bnpparibas/en/] and Breed Reply 
(London)[http://www.breedreply.com/]. 

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[https://www.danone.com/impact/planet/towards-carbon-neutrality.html] is 
currently doing with us."

STRATEGIC, COMMERCIAL AND TECHNOLOGICAL BREAKTHROUGHS

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).

METRON expansion in Japan will be supported by NTT DOCOMO Ventures. President 
and CEO, Takayuki Inagawa, said: "Beyond our investment, we look forward to 
promoting a partnership between METRON and NTT FACILITIES, an NTT group company 
involved in energy management for industrial installations. The partnership 
will make the solution commercially available in the Japanese market and will 
contribute to the new smart energy business of the NTT group. The METRON 
solution is unique as it uses ontological technology and machine learning to 
continuously optimize energy during the production process."

To develop its business in France, METRON has entered into a strategic 
partnership with Dalkia[https://www.dalkia.fr/en/discover-dalkia/our-mission], 
a French leader in energy efficiency, to launch an innovative joint offer, 
Dalkia analytics powered by METRON[https://www.dalkia.fr/en/dalkia-analytics]. 
This will manage the energy and environmental performance of industrial sites 
and achieve energy savings of up to 15%.

Furthermore, new products have been designed as an extension to the existing 
METRON platform.  The products will enable the optimization of energy and 
reduction of carbon emissions in the area of Virtual Power Plants. The aim is 
to manage decentralized energy production assets, particularly renewable ones, 
in order to optimize their value; or in the area of electro-mobility, where the 
optimization of EV charging will become a key issue.

"We have analyzed many companies trying to unlock the enormous potential for 
energy efficiency in factories. METRON has successfully built a unique solution 
using artificial intelligence to achieve very rapid energy savings and carbon 
reductions in factories, even in the most complex technical environments. 
METRON's position as the leader in this area is well deserved. We are looking 
forward to supporting this great team of entrepreneurs." says Dr. Matthias 
Dill, Managing Director of Statkraft 
Ventures[https://www.statkraftventures.com/], a leading energy fund in Europe.

METRON's disruptive vision, strategy and technology were also recognized this 
year by Bloomberg New Energy 
Finance[https://about.bnef.com/new-energy-pioneers/], which each year 
designates ten "New Energy Pioneers" for their leadership in transformative 
technologies to accelerate the transition to a low-carbon economy around the 
world.

HISTORICAL INVESTORS BACK METRON AGAIN 

As historical investors, Yann Lagalaye, Head of Energy Transition Capital at 
BNP Paribas and Emanuele Angelidis, CEO of Breed Reply, conclude: "Industrial 
clients are adopting the METRON platform because of its ease of implementation 
and the quick energy savings they can achieve. Major international partnerships 
such as the one with Dalkia in France will help accelerate METRON's growth. The 
new investors announced today reinforce METRON's strategic positioning and 
illustrate its international ambitions. We wish to renew our confidence in the 
METRON team, in a context where the low-carbon and digital transition of 
industries is accelerating." 

About METRON

METRON aims to transform energy into a profit centre in the industrial sector. 
METRON, an international technology company founded in 2013 in France, has 
developed an energy intelligence AI driven platform dedicated to the industrial 
sector. The METRON-EVA® Factory (Energy Virtual Assistant) platform leverages 
the multiple data sources already available in plants and takes advantage of 
advanced technologies to proactively identify energy optimization opportunities 
and connect to decentralized energy assets. More than 80 energy experts, data 
scientists and specialized engineers are currently working in Europe, Latin 
America, the Middle East and Asia. They support manufacturers in all sectors of 
activity to maximize the value of their data and enable them to take control of 
their energy management

Logo - https://mma.prnewswire.com/media/772239/METRON_Logo.jpg

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Jonathan Smadja, jonathan@lanouvelle-agence.com
Sarah Hachemi, sarah@lanouvelle-agence.com

SOURCE: METRON