Berlin-based energy technology company Cloover has secured more than $1.2 billion in combined equity and debt financing to accelerate the development of its AI-powered operating system for decentralised energy. The funding positions the company as one of Europe’s most heavily capitalised platforms focused on residential energy independence.
The financing package includes a $22 million Series A equity round and a $1.2 billion debt facility, bringing Cloover’s 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 was provided by a major European bank and will be used to support customer and installer financing across the platform.
In addition, Cloover is backed by a €300 million guarantee from the European Investment Fund, strengthening its ability to provide long-term, cost-efficient capital to households and installers.
Addressing a Structural Bottleneck in Europe’s Energy Transition
Europe’s shift towards decentralised and renewable energy relies heavily on a fragmented ecosystem of small and mid-sized installers. These businesses often operate with manual processes, disconnected software tools, and limited access to financing. As a result, installation timelines are extended, administrative costs rise, and households face higher barriers to adopting renewable energy systems such as solar panels, heat pumps, and home storage.
Traditional banks have struggled to finance residential energy assets at the speed and scale required. Loan processes are often slow, subsidy payments can take months, and installers frequently face cash flow gaps that limit their ability to grow.
Cloover’s platform is designed to remove these constraints by combining software, financing, and energy optimisation into a single operating environment purpose-built for decentralised energy.
An End-to-End AI Platform for Decentralised Energy
Cloover provides an integrated software platform that connects manufacturers, installers, households, and investors. The system manages the full lifecycle of an energy project, from customer onboarding and system design through to installation, financing, and long-term energy management.
AI-powered automation plays a central role across the platform. It is used to streamline installer workflows, flag operational risks early, and support data-driven decision-making throughout the project lifecycle. By reducing manual steps and fragmented processes, Cloover aims to improve installation speed, lower costs, and increase system reliability.
A key component of the platform is its AI-based financial tooling. Installers can manage capital flows more effectively, while households gain access to flexible financing options at the point of sale.
Reinventing Energy Financing with AI
One of Cloover’s core differentiators is its approach to financing decentralised energy assets. The platform uses AI-driven credit underwriting that evaluates projected energy savings alongside traditional credit metrics. This allows financing decisions to better reflect the real-world economics of energy systems, rather than relying solely on conventional consumer credit models.
Cloover also pre-finances public subsidies, enabling households to access state incentives upfront rather than waiting months for reimbursement. This significantly reduces the upfront cost of installations and removes a major friction point for consumers.
For installers, offering financing directly through the platform can improve conversion rates, shorten cash cycles, and reduce administrative overhead. For institutional investors, the platform provides access to a transparent, sustainability-aligned infrastructure asset class backed by real energy assets and long-term cash flows.
Strong Growth and Profitability
Cloover reported more than eightfold revenue growth in 2025 while remaining profitable, with sales approaching $100 million. The company expects revenue to reach approximately $500 million in 2026 and $1 billion in 2027, driven by geographic expansion and increasing adoption of its platform.
The combination of rapid growth and profitability sets Cloover apart in a capital-intensive sector that often struggles to balance scale with financial discipline.
Leadership and Vision
Cloover was co-founded by Jodok Betschart, who serves as CEO. The company’s leadership team brings experience across energy, finance, and software, with a focus on building infrastructure that can scale across markets while remaining accessible to smaller installers and households.
Commenting on the financing, Betschart said the new capital would enable households to become energy independent without the friction of upfront costs or complex loan applications. He added that Cloover’s AI operating system connects stakeholders across the value chain and helps make energy independence the new norm.
Expansion Across Europe
Following the new financing, Cloover plans to expand into additional European markets, including France, Italy, the United Kingdom, and Austria. The company will also continue to invest in product development, adding deeper AI-driven automation, enhanced financing capabilities, and improved tools for installers.
By scaling its platform across Europe, Cloover aims to support a faster and more inclusive energy transition, where households can adopt renewable energy without financial complexity and installers can grow without operational bottlenecks.
Building the Infrastructure for Energy Independence
By combining software, financing, and AI into a single operating system, Cloover is positioning itself as core infrastructure for Europe’s decentralised energy future. Its model reflects a broader shift towards platforms that do not just enable clean energy deployment, but actively remove the structural barriers that have slowed adoption.
With more than $1.2 billion in committed capital, strong revenue growth, and an expanding European footprint, Cloover is betting that energy independence can be scaled when technology, capital, and operations are designed to work together from day one.
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