Madrid, October 6, 2025 Wayra, Telefónica's corporate venture capital arm, is investing in Clevergy, the Software as a Service (SaaS) for energy retailers that allows them to offer their customers innovative solutions to control their electricity spending, optimize solar self-consumption, and manage smart home devices (HEMS).
To make this investment, Wayra valued the platform's effective response to the various challenges facing the energy sector: decarbonization, digitalization, and decentralization. In 2024, Clevergy raised €1.5 million in funding, which it used to strengthen its product technology, expand compatibility with smart devices, incorporate AI-based energy-saving models, and enable collective self-consumption management. In this new €3.2 million investment round, Wayra positions itself as a strategic partner of Clevergy to boost the company's scalability by connecting with large corporations, opening new business channels, and supporting Telefónica's global network, thereby strengthening Clevergy's position and generating greater confidence within the business conglomerate. Alongside Wayra, other investors participating in this round include Racine2, Axon Partners Group, and Satganay Angels Capital. Clevergy's objective is to consolidate its technological leadership in Spain and scale markets internationally, starting with Europe, as it represents a great opportunity to boost the digitalization of the sector and develop new lines of business. At the same time, it wants to continue perfecting its product with the most disruptive technology on the market. “This new investment round strengthens our collaboration with new strategic partners to consolidate our leadership in Spain and expand our business in Europe. Furthermore, it will allow us to accelerate the development of our home energy management technologies, an environment in which Telefónica already has a consolidated presence thanks to its converged service offering,” says Beltrán Aznar, CEO of Clevergy. “At Wayra, investing in Clevergy is a great strategic opportunity to support a platform that promises to revolutionize the global energy sector and guide it towards an energy and technological transition. Furthermore, this disruptive platform will simultaneously enable a better experience for the end customer, reinforcing their trust in their usual energy supplier. To this end, we are making available all our knowledge and relationships within the entrepreneurial, technological, and business ecosystem that allows them to grow globally,” highlights Paloma Castellano, director of Wayra Spain.