Cloover Secures Credit Facility After Revenue Milestones
Berlin climate fintech gains new financing following profitability and revenue growth.
TLDR
Tech Funding News reports that Berlin based climate fintech Cloover has obtained additional credit support. This comes after the firm reached profitability and attained a strong revenue run rate. The financing includes backing through a guarantee provided by the European Investment Fund. The report positions the move as an expansion of the company's overall financing capacity. Visible details in the coverage focus on the climate technology and fintech developments in Germany and the broader European Union.
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