Grover Group GmbH announced that it has received $330 million in a round of funding led by new investor Energy Impact Partners LLC on April 7, 2022. The company issued equity for $110 million from new investors Korelya Capital, LG Electronics Inc., Mirae Asset Financial Group, co-Investor partners, returning investors Viola FinTech, Assurant, Inc., Circularity Capital LLP, and Coparion GmbH & Co. KG.

The company also issued non-convertible debt for $220 million from new lender Fasanara Capital Ltd in the transaction. The company raised the funding at a post money valuation of $1,000 million.