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<\/p>\nThe Berlin-based startup was founded in 2022 by Peder Broms, Jodok Betschart, Tony Kirmo, and Valentin G\u00f6nczy. Their vision is to facilitate the energy transition, with a particular focus on residential solar power.<\/p>\n
Clover has built a platform that connects installers, prosumers, manufacturers, energy providers, and investors.<\/p>\n
It enables vendors to offer their services\u00a0as a subscript<\/a>ion, enabling consumers to rent renewable technologies \u2014 particularly solar panels but also other applications such as batteries \u2014 <\/span>instead of committing to upfront purchase costs or seeking external financing.<\/p>\n TNW Conference, June 20-21 – 70% tickets SOLD OUT<\/p>\n Cease all the networking opportunities: roundtables, masterclasses, tech tours, 1:1s… Last chance to book before we run out!<\/p>\n<\/div>\n<\/div>\n The company leverages its proprietary data on consumer energy savings and combines it with multiple funding options in the platform. This allows the startup to extend financing options to households that previously lacked access.<\/p>\n Cloover\u2019s platform also enables vendors to secure working capital for their operations.<\/p>\n The startup specifically targets small- and medium-sized installers, who it says represent over 85% of the all solar installations in Europe.<\/p>\n \u201cOur software empowers this target group with the same sophisticated digital tools that the big players have long had, enabling them to compete on an equal footing and accelerate sustainable energy adoption,\u201d said Valentin G\u00f6nczy, co-founder and CPO of Cloover.<\/p>\n Cloover counts multiple partners across Europe, including Zonduurzaam in the Netherlands and Solarkraft in Sweden.<\/p>\n With the fresh capital, the startup plans to boost its installer software development as well as its sales, payments, and financing offerings.<\/p>\n Lowercarbon Capital led the funding round with participation from 9900 Capital and QED. The latest funding follows a \u20ac7mn investment last October.<\/p>\n Europe\u2019s solar market grew by 40% in 2023<\/a>. Cloover seeks to tap the demand, aiming to connect 1 billion people to renewable energy.<\/p>\n One of the themes of this year\u2019s TNW Conference is Venture: Show Me The Money. If you want to go deeper into what it takes to get your startup funded, discover the next company to back, or simply experience the event (and say hi to our editorial team), we\u2019ve got something special for our loyal readers. Use the code TNWXMEDIA<\/a> at checkout to get 30% off your <\/span><\/i>business pass<\/span><\/i>, <\/span><\/i>investor pass<\/span><\/i> or startup packages (<\/span><\/i>Bootstrap<\/span><\/i> & <\/span><\/i>Scaleup<\/span><\/i>).<\/span><\/i> If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more like this article, you can visit our Technology category.<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n
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