Spanish climate-tech startup Clevergy has raised €3.2 million to accelerate its international expansion after tripling growth last year. The round was co-led by Racine², (managed by Serena and makesense) and Axon Partners Group, through its Next Technology Fund supported by Ventures EPM. The round was completed by Satgana, Wayra (Telefónica’s CVC), and Angels (Juan Roig’s investment firm).
Founded in 2022 by Beltrán Aznar, Álvaro Pérez, and Juan López, Clevergy has rapidly become a trusted partner for Spanish energy suppliers. In just three years, its SaaS platform has been deployed across hundreds of thousands of households, giving customers real-time monitoring of consumption, optimized solar self-production, and control of smart devices such as EV chargers, batteries, and heat pumps.
The company has now closed two rounds in 18 months (€1.5 million in 2024 and €3.2 million in 2025), reflecting accelerating demand from energy retailers for new digital services that strengthen customer relationships and reduce service costs
`Energy retailers have recognized that the industry is evolving and that technology is crucial to staying competitive, enabling households to take on a new role in the energy market, ´ said Beltrán Aznar, CEO and co-founder of Clevergy. `We’re already working with leading suppliers in Spain and enabling thousands of families to save on their bills. With this new funding, we can scale that impact across Europe.”´
For investors, Clevergy’s ability to combine execution with long-term positioning is key. `Clevergy is solving today’s core challenges for energy suppliers while building the trust and integration needed for tomorrow’s flexibility markets,” said Margaux Bussière, Principal at Racine². “That track record of growth and pragmatic execution makes us confident in their European leadership potential.´
`Households are becoming pivotal actors in electricity markets. Mobilizing their flexibility—across solar, EVs, batteries, and heat pumps—will accelerate the energy transition and help avoid costly grid upgrades, ´said Chema Guillemot, Senior Manager at Axon Partners Group.
Powering Europe’s energy transition through the residential sector
The energy sector is undergoing a fundamental transformation driven by three structural shifts: decarbonization, decentralization, and digitization. Europe is a global leader in renewable energy development, reaching a record in 2024 when 47.3% of its electricity was generated from renewable sources.
Households are central to this change, with a fast-growing number of devices connected to the grid. Installations of solar panels, batteries, EV chargers, and heat pumps are expanding at record pace. Coordinated management of this equipment not only promotes energy savings and sustainability, but also unlocks new opportunities for digital services.
Clevergy’s model responds to this transformation by integrating the new ecosystem of household energy devices into energy suppliers’ operations. This helps suppliers build stronger, trust-based customer relationships while managing data that enables advanced services such as demand flexibility, collective self-consumption, and virtual power plants (VPPs).
About Clevergy
Clevergy is a Spain-based technology startup founded in 2022. Its SaaS platform offers advanced solutions for energy suppliers, helping them centralize operations and optimize customer relationships. Clevergy’s technology enables end users to control their energy consumption and production and receive savings tips, while energy companies can monitor customers’ consumption, support energy efficiency, and unlock new product and service opportunities.
About Axon Partners Group
Axon Partners Group is a leading investment and technology advisory firm. Through its Next Technology Fund, it backs early-stage companies driving innovation in areas such as energy transition, energy storage, grid flexibility, and deep tech. Axon supports sustainable innovation and positive social impact through a strategic focus on disruptive technologies. The firm is powered by a team of 90 professionals across Europe, the Americas, and MENA, and has been listed on the Madrid Stock Exchange [BME: APG] since 2022.
cloud technology axon
Xcalibur Smart Mapping, recognised as the global leader in airborne...
