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Berlin startup Cloover bags $114M to help consumers switch to solar


Climate and fintech startup Cloover has announced a funding round of $114mn (€105mn) to further boost Europe’s switch to renewable energy. The Berlin-based startup was founded in 2022 by Peder Broms, Jodok Betschart, Tony Kirmo, and Valentin Gönczy. Their vision is to facilitate the energy transition, with a particular focus on residential solar power. Clover has built a platform that connects installers, prosumers, manufacturers, energy providers, and investors. It enables vendors to offer their services as a subscription, enabling consumers to rent renewable technologies — particularly solar panels but also other applications such as batteries — instead of committing to upfront…

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