Momentum has advised the AI DeepTech Start-up etalytics on a EUR 16 million Series A Venture Capital Financing round from Microsoft’s Venture Fund M12, Alstin Capital (Carsten Maschmeyer), ebm-papst, and BM H
Frankfurt am Main, October 21, 2025: Transaction boutique Momentum provided comprehensive advice to etalytics, a Darmstadt/Germany based deep tech company specializing in AI-powered energy intelligence, on a successful Series A Venture Capital Financing round from Microsoft’s Venture Fund M12, Alstin Capital (Carsten Maschmeyer), ebm-papst, and BM H. Following an initial first closing last year, the second closing was now led by M12, Microsoft’s venture fund.
This latest funding round will fuel etalytics’ strategic expansion into North America, scale delivery capabilities across Europe and Asia, and further enhance its flagship platform etaONE®, which provides real-time, AI-driven energy optimization for critical infrastructure in data centers, chemical and pharmaceutical production facilities, automotive manufacturing – sectors where growing complexity and stricter energy regulations have outpaced the capabilities of traditional energy management systems.
Built on research from TU Darmstadt, etalytics offers a software-first approach to industrial energy optimization. Its platform, etaONE®, uses AI, digital twins, and predictive analytics to reduce energy costs and emissions while ensuring system reliability and compliance in highly regulated, energy-intensive operations.
Customers across sectors, including Volkswagen, Equinix, NTT, Digital Realty and Merck have already achieved up to 50% reductions in energy consumption for cooling, heating, and ventilation. These savings translate into measurable carbon reductions and significant operating cost improvements.
Comments on the transaction:
“We’re proud to welcome M12 as a strategic partner,” said Dr. Niklas Panten, CEO and Co-Founder of etalytics. “Their investment marks a major milestone in our mission to make industrial energy systems more intelligent, resilient, and sustainable. With Microsoft’s global reach and technology ecosystem, we’re accelerating the digital transformation of energy-intensive industries worldwide. Together, we aim to redefine how data centers, manufacturing, and process industries manage energy – efficiently, transparently, and resilient with AI operators can trust.”
“etalytics is transforming how some of the world’s most energy-intensive industries operate,” said Michael Stewart, Managing Partner at M12,Microsoft’s Venture Fund. “Their AI-driven platform addresses a critical global challenge: optimizing industrial energy use at scale while driving measurable sustainability impact. We’re excited to support etalytics as they expand internationally and bring next-generation energy intelligence to data centers, manufacturing, and beyond. This partnership reflects our belief in the power of AI and systems infrastructure to solve complex, real-world problems.”
“We are proud to have supported etalytics in this landmark financing round with such a strong syndicate of renowned national and international venture capital investors,” said Philipp Weber, venture capital & private equity partner at Momentum. “etalytics is redefining energy optimization in mission-critical industries, and this investment marks an important milestone in their international growth journey. We are delighted to contribute to their continued success story.”
About etalytics:
Founded in 2020 as a spin-off from the “ETA| Energy Technologies and Applications in Production” research group at TU Darmstadt, etalytics GmbH develops AI-powered software for industrial energy optimization. Its flagship platform, etaONE®, enables real-time monitoring, predictive analytics, and autonomous optimization of HVAC and cooling systems – helping organizations reduce energy costs, emissions, and operational complexity. etaONE® is deployed in mission-critical environments across sectors such as data centers, automotive manufacturing, and pharmaceutical and chemical production. Recognized for its innovative and sustainable approach, etalytics has received multiple national and international awards.
About M12:
M12, Microsoft’s venture fund, is acorporate venture capital firm dedicated to accelerating the future of technology through investments, insights, and meaningful partnership with Microsoft. The firm is thesis-driven, investing in AI, cloud infrastructure, cybersecurity, developer tools, vertical SaaS, Web3 and gaming. For nearly a decade, M12 has created exceptional value for portfolio companies through connections, customers, and go-to-market resources. M12 has offices in San Francisco and Redmond.
About Momentum:
Momentum is a boutique law firm specializing in transactions. We provide efficient, proactive, and pragmatic advice in M&A, private equity, venture capital, corporate law, and tax law. With an entrepreneurial mindset, our experienced lawyers understand the specific needs of our clients and help drive transactions to completion. Our strong national and international network of partner law firms allows us to offer comprehensive legal and tax advisory services as a “one-stop shop.”
Momentum Rechtsanwälte Steuerberater PartG mbB Deal Team:
Philipp Weber, Partner (M&A, Venture Capital, Private Equity)
Thomas Hartmann, Associate (Corporate Law, Commercial)
Contact:
Philipp Weber, Partner
Momentum Rechtsanwälte Steuerberater PartG mbB
Eschersheimer Landstr. 14
60322 Frankfurt am Main
Email: weber@momentum-partner.de
Phone: +49 (0) 171 91 00 765
