- Company: Cloover, a Berlin-based climate fintech.
- Funding: Raised $114 million in seed funding (combination of debt and equity).
- Investors:
- Led by Lowercarbon Capital.
- Supported by QED Investors and 9900 Capital.
- Announcement: Made via LinkedIn.
- Use of Funds:
- Enhance operating system for the renewable energy industry.
- Develop financing, sales, and payment services.
- Founding Year: 2022.
- Co-Founders: Valentin Gönczy, Jodok Betschart, and Peder Broms.
- Platform Features:
- Aids renewable energy installers (e.g., solar panel installers).
- Improves sales processes.
- Manages payments and financing options.
- Procures materials.
- Oversees energy production of installations.
- Objective: Simplify operations for the renewables value chain.
- Mission: Solve sustainable hardware financing to achieve net-zero.
Climate fintech start-up Cloover secures $114m in seed funding round
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