Surely Karow's Ikarus was earlier than that.
One of the main innovations of Metafont was the use of "pen"s, so that one would describe a single path and the software would trace it and imitate the use of one or more pens, to end with an outline of something with thickness, and essentially more curves. It mimics how drawing and writing actually happens.
AFAIK, Zapf did not like this approach at all, as he was used to design typefaces the traditional way, by specifying all the curves. Richard Southall embraced the new paradigm and used Metafont as it was supposed to be used, but produced only a couple of demo typefaces (mainly the nmt family) and a handful of commercial ones (I can now only remember Colorado, with Ladislas Mandel, used in the phone directories of US West). I think he also implemented Melior, but of course this was never distributed as it was a proprietary Zapf design.
Note: all the above are based on recollections of my discussions with Zapf, Southall, and Knuth, in the distant past. All my relevant printed materials are in a different country right now, and I don't have easy access to them.