Cloover, a Berlin, Germany, Stockholm, Sweden, and Amsterdam, The Netherlands-based climate fintech company, raised €7M in Pre-Seed funding.
The investment was led by 9900 Capital (former Gates Foundation and Hedosophia investors), with participation from QED, Broadhaven Ventures, Index Ventures’ Scout Fund and Centrotec, together with prominent climate and fintech angels.
The company intends to use the funds to enhance its software platform, expand its service offerings, to launch in Germany, and expand across Europe.
Founded by Peder Broms (Co-CEO & CFO), Jodok Betschart (Co-CEO), Tony Kirmo (CRO) and Valentin Gönzcy (CPO), Cloover provides a platform that enables vendors of renewable technologies to offer their services as subscriptions, allowing individuals and businesses to install solar, battery storage, EV charging, and heating pump assets and become independent power providers.
Cloover’s approach enables the company to build a decentralised network of solar, battery storage, EV charging and heating pump assets. These assets will be further used by Cloover to coordinate support for local communities and the national grid infrastructure across Europe.
FinSMEs
18/10/2023