etalytics extends Series A to €16M with new investment from Microsoft’s M12

German deeptech company etalytics has secured an €8 million extension to its Series A funding round, bringing the total to €16 million. The investment, led by Microsoft’s M12 venture fund, underscores the growing interest in AI-driven solutions for industrial energy optimization and contributes to the development of European alternatives to US Big Tech services. This funding will support etalytics’ expansion and the enhancement of its platform. etalytics, born from research at TU Darmstadt, utilizes AI, digital twins, and predictive analytics in its etaONE® platform. The platform is designed to cut energy costs and emissions while ensuring system reliability in regulated, energy-intensive environments. Notable clients like Volkswagen, Equinix, and Merck have reported up to 50% reductions in energy consumption. The funding will accelerate etalytics' expansion into North America and scale its delivery capabilities throughout Europe and Asia. The company's focus on providing real-time, AI-driven energy optimization addresses the increasing complexity and stricter energy regulations faced by data centers, chemical facilities, and automotive manufacturing. This strategic move strengthens the European digital ecosystem.