Founded in 2023 in Melbourne, MetroElectro targets the largely untapped commercial and industrial rooftop segment, where solar penetration is under 5 percent. The startup finances, designs, installs and maintains rooftop solar arrays and battery storage, then sells the generated power to tenants and the grid—often at lower rates than traditional retailers—thereby solving the usual landlord-tenant funding standoff. MetroElectro currently has more than 50 projects in its near-term pipeline, totalling over 20 MW of solar and 20 MWh of storage capacity, enough to power roughly 3,000 homes. Key clients already signed include Aramex, Linde Materials Handling and Bucher Municipal. Management believes raising adoption in the C&I sector to residential-level penetration (about 30 percent) could supply a quarter of Australia’s electricity needs. Proceeds from its newest financing will accelerate deployment of contracted projects and further develop the company’s technology stack to open additional revenue streams. To support longer-term expansion into markets such as Europe and the U.S., MetroElectro plans to pursue an additional $3 million equity raise in early 2026.

Total raised

$6M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Nov 2025