# Metergrid funding: rounds and investors

> Metergrid has raised $12M across 2 rounds since 2025. Investors include 468 Capital, SET Ventures and Tiny VC. Every round with its source.

Source: https://millionrounds.com/company/metergrid (Millionrounds; every figure on the page links to its filing or article)

Germany · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Metergrid*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Energy Fintech Proptech

Raised 9 months ago

Funding summary Updated 26 Oct 2026

**$12M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Series A, $12M Jan 2026
- **Led by:** SET Ventures
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**?** Venture

**$12M** Series A

- **First round:** Venture
- **Biggest round:** $12M
- **Between rounds:** 12 months

## The rounds

- **Jan 2026** Series A **$12M** *5 new* *1 returning* [SET Ventures](https://millionrounds.com/fund/set-ventures) Lead [468 Capital](https://millionrounds.com/fund/468-capital) [Tiny VC](https://millionrounds.com/fund/tiny-supercomputer-investment-company) [LBBW Venture Capital](https://millionrounds.com/fund/lbbw-venture-capital) [Mätch VC](https://millionrounds.com/fund/match-vc-2) [Hager](https://millionrounds.com/fund/hager) Reported by SET Ventures
- **Feb 2025** Venture **Amount undisclosed** *1 new* [468 Capital](https://millionrounds.com/fund/468-capital) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2025 **Series A** 2026 [468 Capital](https://millionrounds.com/fund/468-capital) [SET Ventures](https://millionrounds.com/fund/set-ventures) L [Tiny VC](https://millionrounds.com/fund/tiny-supercomputer-investment-company) [LBBW Venture Capital](https://millionrounds.com/fund/lbbw-venture-capital) [Mätch VC](https://millionrounds.com/fund/match-vc-2) [Hager](https://millionrounds.com/fund/hager)

## Everyone who backed them

[468 Capital](https://millionrounds.com/fund/468-capital) VC firm **2** rounds

[SET Ventures](https://millionrounds.com/fund/set-ventures) VC firm **1** round, led 1

[Tiny VC](https://millionrounds.com/fund/tiny-supercomputer-investment-company) VC firm **1** round

[LBBW Venture Capital](https://millionrounds.com/fund/lbbw-venture-capital) VC firm **1** round

[Mätch VC](https://millionrounds.com/fund/match-vc-2) VC firm **1** round

[Hager](https://millionrounds.com/fund/hager) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=metergrid).

## Quick answers about Metergrid

### Who invested in Metergrid?

Metergrid's investors include 468 Capital, SET Ventures, Tiny VC, LBBW Venture Capital and Mätch VC, and 1 more on record. SET Ventures led its latest round.

### How much has Metergrid raised?

Metergrid has raised $12M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Metergrid last raise?

Metergrid's most recent round was a Series A of $12M in Jan 2026, led by SET Ventures.

### What was Metergrid's biggest round?

Its most recent round, $12M in Jan 2026, is also its largest on record.

### Who backed Metergrid first?

Metergrid's first round on record, in Feb 2025, was backed by 468 Capital.

### What stage is Metergrid at?

Metergrid's latest named round is a Series A, in Jan 2026.

### Where is Metergrid based?

Metergrid is based in Germany.

### Who led Metergrid's rounds?

SET Ventures led the Series A in 2026.

## Companies like Metergrid

In the same sector, and raised in the last eighteen months.

[**Rabot Energy** $50M · Oct 2026](https://millionrounds.com/company/rabot-energy)[**Causa Prima** $30M · Oct 2026](https://millionrounds.com/company/causa-prima)[**Reverion** $237M · Sept 2026](https://millionrounds.com/company/reverion)[**LimeTax** $77M · Sept 2026](https://millionrounds.com/company/limetax)[**F13** $5.0M · Sept 2026](https://millionrounds.com/company/f13)[**Nomos** $25M · Sept 2026](https://millionrounds.com/company/nomos)

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