Octopus Invests €40M in Metiundo for Energy Data Tech
•February 10, 2026
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Companies Mentioned
Why It Matters
The deal fast‑tracks Germany’s transition to smart, low‑carbon buildings and strengthens Octopus’s foothold in European energy‑tech ecosystems.
Key Takeaways
- •Octopus Energy injects €40M into Metiundo.
- •Metiundo aims to expand beyond 21,000 German meters.
- •Platform unifies electricity, gas, heat, water data digitally.
- •Funding speeds hardware deployment and AI-driven analytics.
- •Helps Germany reduce building emissions toward climate targets.
Pulse Analysis
Germany’s building sector, responsible for about a third of the country’s energy‑related emissions, has long been hampered by legacy analogue meters. Metiundo’s end‑to‑end digital solution—combining hardware, cloud‑based aggregation and analytics—offers a single pane of glass for electricity, gas, heat and water data. By eliminating the need for separate utility systems, the platform enables owners to pinpoint inefficiencies, optimize asset performance and meet increasingly stringent carbon‑reporting requirements.
The €40 million injection from Octopus Energy Generation provides Metiundo with the resources to rapidly scale its installation workforce and broaden its sensor footprint across commercial and residential portfolios. This capital also fuels the development of advanced software features, such as real‑time grid interaction, solar‑plus‑storage coordination and automated demand‑response. As utilities and property managers seek plug‑and‑play solutions, Metiundo’s vertically integrated model—handling both hardware deployment and software services—offers a speed advantage over traditional subcontractor‑heavy approaches.
For Octopus, the investment aligns with its broader strategy to embed digital intelligence throughout the energy value chain. By backing a platform that can unlock granular consumption data, Octopus positions itself to offer value‑added services, from dynamic pricing to predictive maintenance, across its expanding European footprint. The partnership not only accelerates the digital transformation of German buildings but also showcases how venture‑backed tech can catalyze decarbonisation goals while delivering new revenue streams for energy incumbents.
Octopus Invests €40M in Metiundo for Energy Data Tech
Berlin’s Metiundo just landed €40 million from Octopus Energy Generation. This is a big step toward bringing energy and utility data into the digital age for homes and businesses.
The announcement came out on February 10, 2026. With this new funding, Metiundo plans to expand its metering and data platform, hire more installation teams, and speed up software development.
The deal highlights how much more attention people are paying to using data to make buildings smarter and more efficient.
Germany’s buildings eat up a lot of energy and pump out about 30% of the country’s energy-related emissions.
Still, plenty of them rely on old-school meters, which makes it tough to track energy use or connect renewables. Metiundo wants to fix that with a fully digital “Energy Metering as a Service” system that takes the guesswork out of energy management.
A Digital Solution to Fragmented Metering
Metiundo is a company founded in 2021 by energy regulation expert Dennis Nasrun and IT specialist Felix Muecke.
While consulting utilities and energy companies in the DACH region, they noticed a big opportunity in building metering services.
They experienced the fragmentation of the analogue systems that hindered the quick adoption of smart technologies such as solar, batteries, and demand-response tools.
Metiundo digitises the entire energy and water data processing value chain, including hardware and software for data capture (metres), operational processes, real-time data aggregation, and analytics.
With Metiundo, building energy data is processed so that owners and operators understand and can act on the energy usage, operational, financial, and carbon savings opportunities.
Metiundo avoids the traditional separate systems per utility (electricity, gas, heat, water) paradigm and offers an integrated approach that unifies all utilities into a single software solution.
They also offer the added value of building-specific energy data mapping and profiling to support data-driven advanced analytics, optimisation, and compliance reporting.
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The Role of Octopus Energy Generation
Octopus Energy Generation, the investment arm of the UK’s Octopus Energy Group, just led a €40 million funding round. Octopus has been putting money into all corners of the energy sector—solar, offshore wind, and new tech that pushes the energy transition forward.
Backing Metiundo fits right into their plan to speed up the use of digital tools that make energy systems smarter and more flexible.
Meanwhile, Octopus Energy Group keeps growing its presence around the world. They’ve launched green energy services in several European countries and poured serious money into renewable infrastructure.
Their technology platform, especially Kraken OS, which helps utilities handle customer data and manage demand, has played a big role in that international expansion.
Sure, Octopus Energy Group has faced heavy investment costs and a bumpy financial track record lately.
But instead of pulling back, they’ve doubled down on tech and infrastructure, putting their capital to work across the business.
Scaling Operations and Future Plans
Metiundo has more than 21,000 meters installed across Germany, and expects to grow quickly from 2026 onwards. The €40 million investment will be used to expand installation teams who can deploy metering and sensor networks across real estate portfolios, digitally connected for the first time.
In addition to these efforts, software development continues to be part of the focus, and new features for integration of solar and batteries, real-time grid interaction, and demand-response optimisation are expected.
Investing in software will enable Metiundo to help building owners operationally and financially benefit from the data, and aid in the reduction of energy costs and the achievement of decarbonisation goals.
Metiundo also offers flexibility and speed. Because they handle the installation of hardware and the provision of software themselves, they are able to provide services more rapidly than the majority of utility providers, who depend on subcontractors to provide metering and integration services to provide them with plug-and-play solutions.
The post Octopus Invests €40M in Metiundo for Energy Data Tech appeared first on Ventureburn.
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