METRON Raises an Additional EUR10 Million of New Capital

In less than a year, METRON, a key player in energy intelligence,
has raised more than EUR20 Million to support its international
growth and the development of its AI-driven digital solutions for
industries

Paris (ots/PRNewswire) - METRON (https://www.metronlab.com/), an
innovative French company in energy intelligence for industries, has
announced a new EUR10 Million fundraising with NTT DOCOMO Ventures
(https://www.nttdocomo-v.com/en/) (Tokyo), StatKraft Ventures
(https://www.statkraftventures.com/) (Düsseldorf) and its current
investors BNP Paribas (https://group.bnpparibas/en/) (Paris) and
Breed Reply (http://www.breedreply.com/) (London).

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
(https://www.metronlab.com/), 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 (https://www.dalkia.fr/en/discover-dalkia/our-mission) 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 (https://www.metronlab.com/)

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

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Press contacts : La Nouvelle Agence : Jonathan Smadja,
jonathan@lanouvelle-agence.com
Sarah Hachemi, sarah@lanouvelle-agence.com

ots Originaltext: METRON
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