- 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.
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.
You May Also Like
FinTech
CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions
New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...
FinTech
FedNow Strengthens Instant Payments Security with New API Tool
New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...
FinTech
UK Government Strengthens Talks with Anthropic for Mythos Release Amid Concerns
Anthropic's AI technology under scrutiny as UK seeks to enhance regulatory framework.Highlights: UK government engages Anthropic for AI...
FinTech
Salmon Strengthens Fundraising for Philippines Expansion
Fintech company Salmon secures new funding to enhance its operations in the Philippines.Highlights: Salmon raises significant funds to...