The globe is racing to secure its energy future as electricity demand rises, grids come under pressure, and households face growing uncertainty over costs and supply. At the same time, demand for decentralised energy solutions like solar, batteries, heat pumps, and EV charging is surging. The missing piece has been infrastructure that can deliver these systems at scale. Cloover was built to solve this gap by creating the operating system for energy independence - and today the company has announced a landmark financing commitment to accelerate the rollout of residential energy independence.

Cloover has secured $22 million in Series A equity financing alongside a $1.2 billion debt facility, bringing 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 leading European bank to fund customer and installer financing on the platform. Cloover also benefits from a €300 million guarantee from the European Investment Fund, which underpins its financing programs and enables scalable, low-cost capital for the energy transition. In total, Cloover has now raised more than $30 million in equity financing and secured over $1.3 billion in debt.

The scale of this commitment reflects the urgency of the problem Cloover is addressing. Europe’s energy transition depends on hundreds of thousands of small and mid-sized installers, yet most operate with fragmented software, manual workflows, and limited access to capital. Traditional banks are ill-equipped to finance residential energy assets at speed and granularity, creating delays that stall installations and price many households out of clean energy. Cloover takes a fundamentally different approach by embedding financing directly into installer workflows and pairing it with an end-to-end software platform built specifically for decentralised energy.

At the heart of this innovation is AI-powered credit underwriting, which evaluates long-term energy savings rather than traditional credit metrics alone. Cloover also pre-finances public subsidies, allowing consumers to benefit immediately from state incentives. For institutional investors, Cloover opens the door to a new impact-aligned infrastructure asset class, backed by real performance data, climate impact tracking, and full transparency across the value chain.

“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 & -CEO at Cloover.

Cloover is building the digital nervous system of the distributed energy economy. Its AI-powered platform integrates workflow management, financing, procurement, and energy optimisation into one seamless operating system. It automates complex workflows, detects risks early, and empowers data-driven decisions from the first customer, leading to long-term energy-management through Cloover’s EMS and dynamic tariffs. Further, Cloover’s AI Finance co-pilot helps SME installers solve capital flow challenges along the whole value chain and improve liquidity to enable faster growth. By replacing disconnected tools and slow financing processes with one integrated system, Cloover enables installers to close more projects, move faster, and serve a broader customer base.

Installers using Cloover offer financing at the point of sale, increasing conversion rates and unlocking new market segments. Automated workflows reduce administrative burden and improve throughput, while access to capital shortens cash cycles. On average, installer partners generate 30 per cent incremental revenue through Cloover by reaching customers they previously could not serve. Homeowners benefit from access to decentralised energy without large upfront investments and see between 20 and 30 per cent savings on energy costs through optimised system performance and financing.

By connecting manufacturers, installers, households, and investors in a unified ecosystem, Cloover ensures energy projects scale efficiently, transparently, and collaboratively - mirroring the way software unlocked scale for e-commerce two decades ago.

“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,” added Valentin Gönczy, Co-Founder & CPO at Cloover.