# Cloover

> Berlin AI operating system that finances and software-enables independent installers of residential solar, heat pumps, and home electrification, then pools homes into a virtual power plant.

## Why it is interesting

September 1, 2026: company-claimed profitability at a more than $350 million revenue run rate, plus a $100 million (€86.2 million) financing facility — lending capacity, not a new equity round. January was $22 million Series A plus about $1.2 billion of debt. No valuation.

## Profile

- **Latest funding:** Series A — $22M (January 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $22M
- **Stage:** series-a
- **Status:** private
- **Industries:** climate-tech, fintech
- **Coverage:** full
- **Last updated:** 2026-09-01
- **Latest funding investors:** MMC Ventures, QED Investors, Lowercarbon Capital

## Key facts

- Sep 1, 2026: $100M / €86.2M financing facility — not equity (EU-Startups / Tech.eu)
- Company: profitable at >$350M revenue run rate (~€301.7M)
- Jan 2026: $22M Series A (MMC + QED) plus ~$1.2B debt (company post)
- Press: total financing capacity >$1.3B; EIF guarantee cited
- No valuation. ~20,000 installs/year is a company figure

## Funding history

- Financing facility · $100M · September 2026
  Source: https://www.eu-startups.com/2026/09/berlin-based-cloover-secures-e86-2-million-facility-as-it-reaches-profitability-and-launches-ai-native-neo-utility/
- Series A · $22M · January 2026
  Source: https://www.cloover.com/en/post/cloover-secures-series-a

## Related articles

- https://venturecapitaltracker.com/2026-cloover-100m-facility-350m-run-rate
- https://venturecapitaltracker.com/2026-september-1-investment-news-a16z-growth-india-space
- https://venturecapitaltracker.com/2026-september-vc-news

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 1, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/cloover