Heuking advises metr on €10.5 million series B round
German PropTech company metr Building Management Systems has closed a Series B financing round of approximately €10.5 million, with legal advice provided by Heuking. The round brings in a new investor alongside a group of returning backers.
Deal details
Ariane Neubauer, equity partner at Heuking’s Berlin office, and Henrik Lay, equity partner at Heuking’s Hamburg office, advised metr on the transaction. SBG – Sächsische Beteiligungsgesellschaft joined the round as a new investor, while Kachel GmbH (a subsidiary of WIKA Alexander Wiegand SE & Co. KG), IBB Capital, BRAWO Capital, Next Big Thing AG and existing business angels also participated again.
