Cloover, a climate FinTech startup based in Berlin that is developing the operating system for energy independence, has secured a $1.2 billion debt facility and raised $22 million in Series A equity financing, bringing its total capital commitments to $1.222 billion.
Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec, and Earthshot Ventures participated in the equity round, which was headed by MMC Ventures and QED Investors.
A major European bank provided the lending facility to finance the platform’s installer and customer financing. Additionally, Cloover benefits from a €300 million guarantee from the European Investment Fund, which supports its financing initiatives and makes it possible to obtain affordable, scalable funding for the energy transition. Cloover has now secured over $1.3 billion in debt and received over $30 million in equity funding.
Jodok Betschart, Co-Founder & CEO at Cloover: “With this $1.2 billion commitment, we’re enabling households to become energy independent, without the friction of upfront costs or complex loan applications. Our AI operating system connects stakeholders across the value chain and revolutionizes how energy independence becomes the new norm.”
Betschart, Peder Broms, and Valentin Gönczy founded Cloover with the goal of creating the distributed energy economy’s digital nervous system. Its end-to-end solution helps manufacturers, installers, investors, and households transition to clean, affordable, and independent energy.
After conducting research with energy installers throughout Europe, the team discovered that, despite the growing desire for decentralized energy, the sector lacked the infrastructure to facilitate mass adoption, with funding appearing as the primary bottleneck. This led to the creation of Cloover. There are very few specialized lenders supporting home energy assets, compared to several supporting industries like the automotive sector. In order to bridge this gap, the German business developed a platform that helps installers rather than competes with them by fusing funding with cutting-edge software infrastructure.
According to Cloover a vast number of small and mid-sized installers, the majority of which operate with fragmented software, manual workflows, and restricted access to funding, are essential to Europe’s energy transition. According to Cloover, traditional banks lack the capacity to finance home energy assets at the necessary granularity and speed. This results in delays that hinder installations and render renewable energy unaffordable for a large number of households.
Clover uses an end-to-end software platform designed for decentralized energy and integrates funding directly into installer procedures. It makes use of AI-powered credit underwriting, which assesses both conventional credit indicators and long-term energy savings.
Additionally, the business pre-finances public subsidies, enabling customers to take advantage of state incentives right now. With performance statistics, climate effect tracking, and value chain insight, Cloover provides institutional investors with access to an impact-aligned infrastructure asset class.
Workflow management, financing, procurement, and energy optimization are all integrated into a single operating system via Cloover’s AI-powered platform. With Cloover’s EMS and dynamic tariffs, it promises to automate complicated procedures, identify dangers early, and enable data-driven decisions from the first customer, resulting in long-term energy management. The company’s AI Finance co-pilot assists SME installers in improving liquidity and resolving capital flow issues throughout the whole value chain.
By providing financing at the point of sale, installers who use Cloover boost conversion rates and open up new market niches. While access to finance shortens cash cycles, automated operations increase throughput and lessen administrative load. By using Cloover to reach clients they were previously unable to service, installation partners often increase their revenue by 30%. Through improved system performance and finance, homeowners can access decentralized energy without having to make significant upfront investments and save between 20 and 30 percent on energy expenses.
Valentin Gönczy, Co-Founder & CPO at Cloover, said: Cloover is not just about financing – we’re building the backbone for energy independence. We are creating the Shopify of Energy: a platform that equips manufacturers, installers, households, and investors with the tools to grow, collaborate, and deliver distributed energy at scale.
Oliver Richards, General Partner at MMC Ventures, added: “Cloover is tackling one of the largest and most structurally important opportunities in the European energy transition. What truly sets them apart is execution: in 2025 the team delivered outstanding commercial progress while building the foundations of a scalable platform business. Jodok, Peder and Valentin have assembled an exceptional team with deep expertise across energy, software, and credit, and we’re excited to back them as they scale Cloover into a category-defining company.”
Cloover reached $100 million in sales in 2025, growing revenues more than eight times while maintaining profitability. The company’s projections of $500 million in 2026 and $1 billion in 2027 highlight the rapidly growing need for distributed energy solutions.
With the fresh capital, Cloover plans to extend its platform with further AI-driven workflow automation and finance products, as well as grow into other European markets, including France, Italy, the UK, and Austria. As of right now, the team’s long-term goal is for Cloover to become the worldwide platform that powers decentralized energy, linking producers, installers, investors, and homeowners via a unified operating system intended to provide independent, reasonably priced energy at scale.
