Berlin: Energy technology platform Cloover has secured a landmark $1.2 billion financing commitment to accelerate the rollout of its AI-powered operating system aimed at enabling residential energy independence.
The announcement underscores growing demand for distributed energy solutions amid rising electricity consumption, grid instability, and the rapid expansion of electric mobility across Europe.
Cloover has raised $22 million in Series A equity financing alongside a $1.2 billion debt facility, taking total capital commitments to $1.222 billion.
The equity round was led by MMC Ventures and QED Investors, with participation from Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec, and Earthshot Ventures.
The debt facility, provided by a leading European bank, is designed to support customer and installer financing across the platform.
In addition, Cloover benefits from a €300 million guarantee from the European Investment Fund, strengthening its financing programmes and enabling scalable access to low-cost capital.
To date, the company has raised over $30 million in equity and secured more than $1.3 billion in debt commitments.
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Addressing Financing and Software Gaps in Europe’s Energy Transition
The scale of financing reflects the urgency of the challenge Cloover is addressing. Europe’s energy transition depends heavily on small and mid-sized installers, many of whom operate with fragmented software systems, manual workflows, and limited access to capital.
Traditional financial institutions often struggle to finance residential energy assets efficiently, creating bottlenecks that delay installations and increase costs for households.
Cloover embeds financing directly into installer workflows through an end-to-end software platform purpose-built for decentralised energy systems.
Its AI-powered credit underwriting model evaluates long-term energy savings in addition to conventional credit metrics, while pre-financing public subsidies allows consumers to access state incentives immediately.
Cloover Builds an AI-Driven Operating System for Energy Independence
At the core of Cloover’s platform is an integrated AI operating system that brings together workflow management, financing, procurement, and energy optimisation.
The platform automates complex processes, identifies risks early, and supports data-driven decision-making from customer onboarding through long-term energy management using Cloover’s energy management system and dynamic tariffs.
Cloover’s AI Finance co-pilot is designed to help SME installers address capital flow challenges across the value chain, improving liquidity and enabling faster growth.
By replacing disconnected tools and slow financing processes with a unified system, Cloover enables installers to scale operations and serve a broader customer base more efficiently. “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.” Jodok Betschart, Co-Founder & -CEO at Cloover
Revenue Growth for Installers and Cost Savings for Homeowners
Installer partners using Cloover can offer financing at the point of sale, improving conversion rates and unlocking new customer segments.
Automated workflows reduce administrative burden, while faster access to capital shortens cash cycles. On average, installer partners generate around 30 percent incremental revenue through the platform.
Homeowners benefit from access to decentralised energy solutions without large upfront investments and typically see 20–30 percent savings on energy costs through optimised system performance and financing structures.
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Cloover Targets Rapid Revenue Growth on Rising Energy Demand
Cloover recorded more than 8x revenue growth in 2025, approaching $100 million in sales, while remaining profitable.
The company is targeting $500 million in sales volume in 2026 and $1 billion in 2027, highlighting accelerating demand for distributed energy solutions.
Growth is being driven by increasing electricity demand from AI-driven infrastructure, grid volatility, policy support for decentralised energy, and households seeking greater control over energy costs and supply.
Cloover Plans European Expansion with New Capital
With the new financing commitment, Cloover plans to expand into additional European markets, including France, Italy, the UK, and Austria. The company will also continue to deepen its platform with advanced AI-driven automation and financing products.
Cloover’s long-term vision is to become a global operating system for decentralised energy, connecting manufacturers, installers, investors, and households through a single, scalable platform.
