metr Building Management Systems GmbH has completed its Series B financing round, raising approximately €10.5 million. SBG – Sächsische Beteiligungsgesellschaft mbH is a new investor for metr. Kachel GmbH (a subsidiary of WIKA Group), IBB Capital GmbH, BRAWO GROUP, Next Big Thing AG, and existing business angels also participated in the financing round.

Metr will use the new capital to develop its technology, expand its operational infrastructure, and accelerate scaling. This includes, in particular, the establishment of a hub in Saxony, which will contribute to optimising supply chains and providing closer customer support.

Dr. Franka Birke, co-founder and CEO of metr, said, “With this Series B funding, we will further scale our platform, expand our operational excellence, and lay the foundation for our international expansion. The fact that our existing investors are investing again and that we have gained another strong partner in SBG confirms our course and our long-term growth potential.”

Frank Tappert, Managing Director of SBG – Sächsische Beteiligungsgesellschaft mbH, said, “”metr combines technology with a compelling business model and addresses a market with growth potential. We are particularly pleased that the company is further expanding its presence in Leipzig, thereby making a clear commitment to Saxony as a location for innovation. We look forward to supporting metr as a partner on its continued growth trajectory.”

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