Cloover energy transition funding has reached $1.222 billion following a major capital raise. The Berlin-based company closed a $22 million Series A equity round and secured a $1.2 billion debt facility from a major European bank. Investors in the equity round include MMC Ventures, QED Investors, Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec, and Earthshot Ventures. Additionally, the European Investment Fund backs Cloover with a €300 million guarantee, enhancing its access to scalable, low-cost capital.
Europe’s energy transition faces deep structural hurdles. Thousands of small and mid-sized installers operate with outdated tools, manual workflows, and limited financing options. Traditional banks struggle to fund residential energy projects quickly, which delays installations and raises costs for consumers. Cloover tackles this gap with an end-to-end software platform built for decentralized energy systems.
The platform unifies workflow management, procurement, financing, and energy optimization in one system. AI-powered automation drives efficiency across the entire project lifecycle—from customer onboarding to long-term energy monitoring. It also flags risks early and supports data-driven decisions for installers and investors alike.
Moreover, Cloover embeds AI-driven financial tools directly into its platform. These tools help installers manage cash flow and improve liquidity. Its credit underwriting model evaluates both traditional financial metrics and projected energy savings, enabling fairer lending. Consumers can receive public subsidies upfront through pre-financing, eliminating wait times for government incentives. Installers, in turn, can offer point-of-sale financing—boosting conversion rates, cutting paperwork, and speeding up cash cycles.
By linking manufacturers, installers, households, and institutional investors on a single platform, Cloover creates transparency and scale in distributed energy deployment. At the same time, it opens a new asset class for investors seeking sustainability-aligned infrastructure opportunities.
Co-founder and CEO Jodok Betschart said: “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 revolutionises how energy independence becomes the new norm.”
Cloover’s growth underscores market demand. In 2025, the company reported over eightfold revenue growth while staying profitable, with sales nearing $100 million. It now forecasts $500 million in revenue for 2026 and $1 billion by 2027.
Following this funding, Cloover plans to expand into France, Italy, the United Kingdom, and Austria. It will also enhance its platform with more AI-driven automation and advanced financing features to support Europe’s clean energy goals.
