Reported 6 months ago
German climate technology startup Cloover has raised $114 million in seed funding led by Chris Sacca's Lowercarbon Capital. The company's technology enables smaller firms in Europe to access the entire renewables value chain, offering services such as customer tracking, financing, and selling multiple products like solar panels and energy storage in one package. Cloover, successful in Germany, Switzerland, Sweden, and the Netherlands, plans to expand to Spain, France, and Britain with the funding to finance more installations, enhance technology, expand distribution networks, and grow the team.
Source: YAHOO