Cloover Raises $22M Series A and Secures $1.2B Financing to Build an AI Operating System for Energy Independence

Cloover has announced one of the most substantial financing commitments yet in the European energy transition, securing $22 million in Series A equity alongside a $1.2 billion debt facility, bringing total capital commitments to approximately $1.22 billion. The funding positions the Berlin-based company to accelerate what it describes as the operating system for residential energy independence—a platform designed to unify software, financing, and AI-driven decision-making across the fragmented distributed energy market.

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, provided by a leading European bank and underpinned by a €300 million guarantee from the European Investment Fund, is structured to finance customers and installers directly through the platform.

Together, the mix of venture equity and large-scale credit signals growing confidence that residential energy assets—solar panels, batteries, heat pumps, and EV chargers—can be financed and deployed with the same sophistication as traditional infrastructure.

Building Infrastructure for a Fragmented Energy Market

Distributed energy is no longer a niche. Across Europe, households are turning to on-site generation and storage to manage rising electricity costs, grid instability, and the growing energy demands of electric mobility. Yet the infrastructure supporting this shift has lagged behind demand.

Most small and mid-sized installers still rely on disconnected tools, manual processes, and limited access to capital. Traditional banks, optimized for large commercial projects, struggle to underwrite thousands of small residential installations efficiently. The result has been delayed projects, higher costs, and missed adoption.

Cloover’s approach is to treat this problem as a software and systems challenge rather than a purely financial one. By embedding financing directly into installer workflows and combining it with an end-to-end digital platform, the company aims to remove the friction that has historically slowed residential clean-energy deployment.

AI at the Core of Energy Financing

At the center of Cloover’s platform is AI-driven credit underwriting. Instead of relying solely on conventional credit metrics, the system evaluates long-term energy savings, asset performance, and system efficiency to assess risk. This allows financing decisions to reflect the real economic value of decentralized energy systems over time.

The platform also pre-finances public subsidies, enabling households to benefit immediately from government incentives rather than waiting months for reimbursement. For installers, this reduces sales friction and increases conversion rates at the point of sale. For institutional investors, it opens access to a new class of performance-backed, impact-aligned infrastructure assets supported by real-time operational data.

Cloover describes this combination of AI, software, and finance as the “digital nervous system” of the distributed energy economy—one that continuously monitors workflows, flags risks early, and optimizes decisions from installation through long-term energy management.

From Point of Sale to Long-Term Energy Optimization

Beyond financing, Cloover’s platform integrates procurement, workflow management, and energy optimization into a single operating system. Installers can manage projects end-to-end, while homeowners gain access to ongoing energy management through Cloover’s energy management system and dynamic tariffs.

The company has also introduced an AI finance co-pilot aimed at helping installer partners manage cash flow across the value chain. By shortening cash cycles and reducing administrative overhead, Cloover claims installer partners generate, on average, 30 percent incremental revenue by reaching customers they previously could not serve.

For homeowners, the impact is tangible. Access to financing removes the need for large upfront investments, while optimized system performance can reduce energy costs by 20 to 30 percent, according to the company.

Rapid Growth Backed by Structural Tailwinds

Cloover’s growth trajectory reflects the broader momentum behind decentralized energy. The company reports more than 8x revenue growth in 2025, remaining profitable while approaching $100 million in sales. It is targeting $500 million in sales volume in 2026 and $1 billion in 2027, underscoring how quickly demand is scaling.

Several structural forces are driving this acceleration. Energy demand is rising sharply, fueled in part by AI workloads and data infrastructure. Electric vehicles are adding new stress to local grids. At the same time, governments across Europe are expanding policy support for decentralized generation, while households seek greater control over cost and supply reliability.

Cloover’s model is designed to sit at the intersection of these trends, acting as connective tissue between manufacturers, installers, households, investors, and public institutions.

The Broader Implications for Energy and AI

Cloover’s financing highlights a larger shift underway in energy infrastructure. As systems become more distributed, software and AI are emerging as the primary enablers of scale. Just as e-commerce platforms standardized payments, logistics, and storefronts two decades ago, platforms like Cloover aim to standardize how energy assets are financed, deployed, and managed.

The use of AI to underwrite assets based on performance rather than static credit profiles could reshape how capital flows into climate infrastructure. It suggests a future where energy systems are continuously evaluated, optimized, and refinanced based on real-world data, reducing risk while accelerating deployment.

Looking ahead, Cloover plans to expand into additional European markets including France, Italy, the UK, and Austria, while deepening its AI-driven automation and financing products. Its longer-term ambition is global: to become the underlying platform powering decentralized energy worldwide.

If successful, this model could redefine how societies build resilience into their energy systems—shifting from centralized, brittle infrastructure toward adaptive, software-driven networks where AI plays a central role in balancing capital, consumption, and sustainability.