Cloover, a Berlin, Germany-based building the operating system for energy independence, has secured $22 million in Series A equity financing alongside a $1.2 billion debt facility, bringing total capital commitments to $1.222 billion.
Investors
The round was led by MMC Ventures and QED Investors, with participation from Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec, and Earthshot Ventures.
MMC Ventures is a London-based venture capital firm specializing in Seed and Series A investments across Europe, with a strong focus on the UK. With a research-driven approach and deep expertise across enterprise AI, data infrastructure, fintech, and health, MMC partners with exceptional founders building the next generation of transformative startups and the technologies that underpin them.
QED Investors is a premier global venture capital firm that focuses exclusively on disruptive financial services (fintech). Founded in 2007, the firm is dedicated to building great businesses and employs a hands-on approach. Headquartered in Virginia, USA, with significant operations in London, Latin America, India, and Southeast Asia.
Cloover Use of Funds
The funding will expand Cloover’s platform across European markets, enhance AI-driven workflow automation, pre-finance public subsidies, and provide installer financing to accelerate the deployment of distributed energy solutions.
About Cloover
Founded in 2023 by Jodok Betschart, Peder Broms, and Valentin Gönczy, Cloover is a pan-European platform building the operating system for energy independence. Its end-to-end solution empowers manufacturers, installers, investors, and households to accelerate the transition to clean, affordable, and independent energy. Currently operating in Germany, Switzerland, Sweden, and the Netherlands, Cloover’s vision is to become the global platform powering decentralized energy, connecting manufacturers, installers, investors, and households through a single operating system designed to deliver affordable and independent energy at scale.
Funding Details
Company: Cloover GmbH
Raised: $1.22B
Round: Series A
Funding Date: January 2025
Lead Investors: MMC Ventures, QED Investors
Additional Investors: Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec, Earthshot Ventures
Company Website: https://www.cloover.energy/
Software Category: Energy Management / AI Operating System
Source: https://www.globenewswire.com/news-release/2026/01/21/3222642/0/en/Cloover-secures-1-2-billion-financing-commitment-to-build-the-AI-operating-system-for-energy-independence.html