Madrid-based ClimateTech startup Clevergy has raised €3.2 million to speed up its worldwide enlargement after tripling its progress final yr.
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 trade is evolving and that know-how is essential to staying aggressive, enabling households to tackle a brand new function within the power market,” stated Beltrán Aznar, CEO and Co-founder of Clevergy. “We’re already working with main suppliers in Spain and enabling hundreds of households to save lots of on their payments. With this new funding, we will scale that impression 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 targeted 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 property 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 in the present day’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 observe file of progress 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 turn into a trusted associate for Spanish power suppliers. In simply three years, its SaaS platform has been deployed throughout lots of of hundreds of households, giving clients real-time monitoring of their consumption, optimised photo voltaic self-production, and management of sensible units similar to EV chargers, batteries, and warmth pumps.
EU-Startups has adopted Clevergy’s progress 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 lead the home energy management market. Later that yr, the startup was featured amongst 10 fast-growing Spanish startups to watch in 2024 and beyond, and once more in The new face of Madrid: 10 startups defining the city’s entrepreneurial spirit.
The power sector is experiencing a elementary transformation pushed by three structural shifts: decarbonisation, decentralisation, and digitalisation. Europe is without doubt one of the main areas in renewable power growth, attaining a file in 2024 when 47,3% of its electricity was generated from renewable sources.
Households are additionally taking part on this necessary change, with a rising variety of units linked to {the electrical} grid. Installations of photo voltaic panels, batteries, electrical car chargers, and warmth pumps are rising at a file 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.
