Metron, a Paris, France-based energy intelligence company, raised €10M in funding.
Backers included NTT DOCOMO Ventures, StatKraft Ventures and current investors BNP Paribas and Breed Reply.
The company intends to use the funds to expand in France and globally, first in Japan, supported by NTT DOCOMO Ventures.
Led by Vincent Sciandra, CEO and Co-founder, Metron provides manufacturers with a digital platform to take control of their energy management, independently and wherever they operate in the world.
The company has also designed new products as an extension to the existing platform. The products will enable the optimization of energy and reduction of carbon emissions in the area of Virtual Power Plants.
The company 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).