Otovo closes $7.25 million financing round to accelerate global growth

Otovo, the European solar and energy services marketplace, has closed a $7.25 million financing round aimed at accelerating its global expansion. The funding was reported by Business Wire.

Why it matters: While Otovo primarily operates in residential solar, its growth into broader energy services could expand its relevance to EV charging infrastructure, particularly in home charging and vehicle to grid integration markets.