Madrid-based ClimateTech startup Clevergy has raised €3.2 million to speed up its worldwide enlargement after tripling its development final 12 months.
The spherical was co-led by Racine² (managed by Serena and Makesense) and Axon Companions Group, with participation from Satgana, Wayra (Telefónica’s CVC), and Angels, Juan Roig’s funding agency.
“Power retailers have recognised that the business is evolving and that expertise is essential to staying aggressive, enabling households to tackle a brand new position within the power market,” stated Beltrán Aznar, CEO and Co-founder of Clevergy. “We’re already working with main suppliers in Spain and enabling 1000’s of households to save lots of on their payments. With this new funding, we will scale that influence throughout Europe.”
Clevergy’s new spherical to speed up worldwide enlargement aligns with a broader 2025 development of European ClimateTech and EnergyTech startups securing funding to scale software-driven power options.
Bigger rounds such the €150 million for each Aira in Sweden and Terra One in Germany illustrate investor urge for food for large-scale decarbonisation infrastructure, whereas smaller however centered rounds such because the €3.8 million for OpusFlow within the Netherlands and €4.3 million for Bisly in Estonia present continued momentum in SaaS and automation instruments that join renewable power belongings and finish customers.
Inside this context, Clevergy stands out as one of many few Spanish corporations attracting worldwide ClimateTech funding in 2025, strengthening the area’s illustration in Europe’s digital power transition.
“Clevergy is fixing at this time’s core challenges for power suppliers whereas constructing the belief and integration wanted for tomorrow’s flexibility markets,” stated Margaux Bussière, Principal at Racine². “That monitor document of development and pragmatic execution is what makes us assured of their European management potential.”
Based in 2022 by Beltrán Aznar, Álvaro Pérez, and Juan López, Clevergy has quickly grow to be a trusted companion for Spanish power suppliers. In simply three years, its SaaS platform has been deployed throughout a whole bunch of 1000’s of households, giving prospects real-time monitoring of their consumption, optimised photo voltaic self-production, and management of sensible units comparable to EV chargers, batteries, and warmth pumps.
EU-Startups has adopted Clevergy’s development trajectory intently over the previous two years. The platform first reported on the corporate’s early momentum in January 2024, when Clevergy raised €1.5 million to guide the house power administration market. Later that 12 months, the startup was featured amongst 10 fast-growing Spanish startups to observe in 2024 and past, and once more in The brand new face of Madrid: 10 startups defining town’s entrepreneurial spirit.
The power sector is experiencing a basic transformation pushed by three structural shifts: decarbonisation, decentralisation, and digitalisation. Europe is among the main areas in renewable power improvement, reaching a document in 2024 when 47,3% of its electrical energy was generated from renewable sources.
Households are additionally taking part on this vital change, with a rising variety of units linked to {the electrical} grid. Installations of photo voltaic panels, batteries, electrical automobile chargers, and warmth pumps are rising at a document tempo.
Clevergy’s mannequin appears to answer this transformation by integrating the brand new ecosystem of family power units into the operations of power suppliers.