Swedish climate fintech Cloover raises €7M to provide renewable energy as a subscription service

Cloover is on a mission to enable 1 billion people to be part of the sustainable world of tomorrow by providing a one-click worry free access to renewable energy. It creates embedded finance products for renewable energy installers. Here are details of Cloover’s latest funding round :

🚀 Launch

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🏭 Industry

Financial services

🧠Management

Jodok Betschart (Co-CEO), Peder Broms (Co-CEO & CFO), Tony Kirmo (CRO), Valentin Gönczy (CPO)

💸 Funding & Investors

INVESTMENT (October 2023)€7 million (Pre-seed)
INVESTORS (October 2023)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.

🎯 Funding purpose

Product development; Europe expansion

🌐 Country HQ

Sweden (Stockholm)

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