Tech Company Financing Transactions
Cloover Funding Round
Cloover, based in Stockholm, secured $114 million from Lowercarbon Capital, 9900 Capital and Bill & Melinda Gates Foundation.
Transaction Overview
Company Name
Announced On
5/28/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$114,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The debt funding would be used to finance the deployment of rooftop solar, storage and heat pump systems. The equity will be used to ramp up hiring and sales.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Birger Jarlsgatan 57 C
Stockholm, 113 56
SE
Stockholm, 113 56
SE
Phone
Website
Email Address
Overview
Our mission is 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. Our goal is to offer a frictionless, point-of-sale technology for countless mission-driven professionals and millions of people who seek to live more sustainably. We believe the Net Zero Strategy cannot be reached if we do not solve the sustainable hardware financing issue. People need to have access to worry-free packages and embedded financing solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peder Broms
Co-Founder
Jodok Betschart
Co-Founder
Tony Kirmo
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