Europe’s push toward cleaner, more distributed energy has reached a new turning point as Berlin based Cloover announces one of the largest combined equity and debt commitments seen in the continent’s climate tech sector. With residential installers under immense pressure to scale quickly while navigating slow financing systems and fragmented processes, Cloover’s new funding signals a major shift in how decentralised energy projects will be financed, deployed and managed.
A Historic Capital Raise
Cloover has closed a twenty two million dollar Series A equity round and secured a one point two two billion dollar debt facility, bringing total capital commitments to more than one point two billion dollars. The equity round was led by MMC Ventures and QED Investors, with participation from Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec and Earthshot Ventures.
In addition, the company benefits from a three hundred million euro guarantee from the European Investment Fund, significantly strengthening its ability to provide scalable and cost efficient financing for residential energy assets.
The debt facility, provided by a major European bank, will be used to fund customer and installer financing directly on the Cloover platform.
Addressing Structural Barriers in Energy Deployment
Europe’s energy transition faces a persistent bottleneck. The majority of residential solar, heat pump and storage installations are carried out by thousands of small and mid sized installers who operate with limited financing options, manual administrative processes and disconnected tools.
Traditional banks often struggle to finance residential energy assets at the speed and volume required. This leads to slower installation timelines, higher consumer prices and inconsistent project quality.
Cloover aims to remove these bottlenecks by offering an end to end software platform built for the decentralised energy economy.
An AI Enabled Operating System for Energy Independence
Cloover integrates workflow management, financing, procurement and long term energy optimisation within one connected environment. Its AI powered automation supports critical processes across the entire project lifecycle including customer onboarding, risk screening, underwriting, installation workflows and post installation management.
The platform’s financial tools are a core differentiator. AI based credit underwriting incorporates projected energy savings into decision making, expanding financing access to households who may not qualify under traditional models. Installers can offer financing at the point of sale, reducing friction and helping customers avoid upfront costs.
Cloover also pre finances public subsidies, enabling consumers to access state incentives immediately rather than waiting months for reimbursement. For installers, this significantly improves liquidity and shortens cash cycles.
Creating a Connected Energy Ecosystem
By linking manufacturers, installers, homeowners and institutional investors into one platform, Cloover aims to build a transparent and scalable ecosystem for distributed energy projects.
Institutional investors gain access to a sustainability aligned asset class backed by real energy savings. Installers benefit from automation that reduces paperwork and improves operational performance. Consumers can switch to clean energy systems without navigating complex loan structures.
CEO and co founder Jodok Betschart says the company’s goal is to make energy independence accessible and frictionless. He notes that the new capital commitment enables households to adopt clean technologies without upfront costs, while the AI operating system supports every stakeholder involved in deployment.
Rapid Growth and Ambitious Expansion Plans
Cloover reported more than eightfold revenue growth in 2025 while remaining profitable, with sales approaching one hundred million dollars. The company expects revenue of approximately five hundred million dollars in 2026 and one billion dollars in 2027.
Following the new financing, Cloover plans to expand into additional European countries including France, Italy, the United Kingdom and Austria. It will also continue developing its platform with more advanced AI automation and enhanced financing capabilities.
A Major Step Toward a Distributed Energy Future
With more than one billion dollars in committed capital and rapid commercial momentum, Cloover is positioned to become a central player in Europe’s decentralised energy transition. By combining software, financing and AI automation, the company aims to transform how clean energy systems are deployed at scale and help households achieve true energy independence.