Cloover has raised $1.2 billion in financing commitments to push residential energy independence across Europe.
This puts serious weight behind its goal to become the core operating platform for decentralised power systems.
The Berlin-based company confirmed it has raised $22 million in Series A equity alongside a $1.2 billion debt facility, taking total committed capital to $1.222 billion.
The equity round was led by MMC Ventures and QED Investors, with backing from Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec and Earthshot Ventures.
A major European bank is providing the debt to support customer and installer financing, reinforced by a €300 million guarantee from the European Investment Fund.
Cloover is responding to the high demand for home energy systems, which lack adequate machinery needed to deploy them at scale, as they are badly out of date. Installers still rely on patchy software, slow approvals and limited access to capital.
Banks, on the other hand, are not built to finance thousands of small residential projects quickly. The result is delay, higher costs and missed opportunities.
Cloover’s model cuts through that bottleneck by placing financing inside the installer’s daily workflow. Instead of treating funding as a separate step, the platform links sales, procurement, financing and long-term energy management in one system designed specifically for distributed energy assets.
The company uses data-led credit assessments that focus on long-term energy savings, rather than relying only on standard credit scores. It also advances public subsidies upfront, so households do not have to wait months to benefit from state support.
For investors, the platform offers exposure to a new infrastructure asset class, backed by live performance data and clear impact tracking.
“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,” said Jodok Betschart, co-founder and chief executive of Cloover.
On the ground, installers using the platform can offer financing at the point of sale, shorten payment cycles and reduce paperwork. Cloover says its partners generate, on average, 30% additional revenue by reaching customers they previously could not serve.
Homeowners, meanwhile, gain access to solar, batteries, heat pumps and EV charging with no heavy upfront spend, and typically cut energy bills by 20 to 30% through better system performance and financing terms.
The company’s growth numbers reveal why investors are paying attention. Cloover reports that revenue grew more than eightfold in 2025 while being profitable, nearing $100 million in sales. It is targeting $500 million in 2026 and $1 billion the year after.
That growth is being driven by the dynamism in the energy market. Electricity demand is getting higher, grids are under stress, and electric vehicles are adding new pressure points.
With households currently seeking better management over costs and reliability, governments establish policies that favour decentralised generation.
“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,” said Valentin Gönczy, co-founder and chief product officer.
Founded after extensive research with installers across Europe, Cloover was built around a simple insight: demand was not the issue, infrastructure was.
Financing emerged as the biggest limitation, and the company set out to fix it without competing with installers themselves.
With fresh capital in place, Cloover plans to enter more European markets, including France, Italy, the UK and Austria, while expanding its product suite with solid automation and new financing tools.
The longer-term goal is to run the digital backbone of decentralised energy, connecting households, installers, manufacturers and investors through a single platform built for scale.
