Cloover becomes profitable with 350 million $ revenue run rate, secures 100 million $ financing facility

Berlin-based residential energy platform Cloover became profitable in its third year with a revenue run rate exceeding 350 million $.

The company also secured a new 100 million $ financing facility, bringing its total financing capacity to over 1.3 billion $; this fund is backed by a 350 million $ guarantee from the European Investment Fund…