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Investaura was mandated for a €15 million growth capital fundraising by Discovergy, a German provider of smart meter gateways (SMGW) and energy analytics solutions. The company is experiencing strong traction with its customers in the energy, real estate, and retail industries.

The German ‘Messstellenbetriebsgesetz – MsbG’ (Metering Point Operation act) opens up significant growth opportunities from February 2020 onwards, as three smart meter gateway providers have now received their BSI certification and the start of the mandatory rollout in Germany was officially declared by the BSI on 31 January 2020. In the first step, about 4 million smart meters will be installed in Germany. The BSI is the German Federal Office for Information Security.

On 14 December 2021, Discovergy announced that Comgy is participating as lead investor in the financing round to establish the first multi-metering platform on the market. For the real estate industry, the new solution is a real paradigm shift: all meter and consumption data can now be measured digitally in a uniform way and billed in real time. This offers the opportunity to efficiently meet the requirements of the newly enacted heating cost ordinance.

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