Modo Energy is a UK-based company that provides energy storage solutions for businesses and organizations. They offer a range of products including battery storage systems, energy management software, and electric vehicle charging infrastructure.
Their battery storage systems are designed to help businesses reduce their energy costs by storing excess energy generated during off-peak hours and using it during peak hours. They also offer energy management software that allows businesses to monitor their energy usage in real-time and identify areas where they can reduce their consumption.
Modo Energy’s electric vehicle charging infrastructure is designed to help businesses transition to electric vehicles by providing charging solutions that are easy to use and cost-effective.
In terms of pricing, Modo Energy does not provide any information on their website about the cost of their products or services. However, they do offer a free consultation service where businesses can discuss their energy needs with one of their experts.
In comparison with competitors, Modo Energy’s focus on providing energy storage solutions for businesses sets them apart from other companies in the industry. Their battery storage systems are designed specifically for commercial use and are scalable to meet the needs of businesses of all sizes.
Location: United Kingdom, England, Birmingham
Employees: 11-50
Total raised: $7.77M
Founded date: 2019
Funding Rounds 2
Date | Series | Amount | Investors |
29.06.2022 | Series A | $3.89M | - |
29.06.2022 | Seed | $3.88M | - |
Mentions in press and media 5
Date | Title | Description | Source |
29.11.2023 | London-based Modo Energy secures €13.6 million Series A to e... | - | eu-startup... |
29.11.2023 | Modo Energy wants to become the Morningstar of the renewable... | Modo Energy cofounders Tim Overton (CTO) and Quentin Scrimshire (CEO). Modo Energy This story is ava... | businessin... |
30.06.2022 | Modsy, an interior design startup founded by a Google Ventur... | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign ... | fortune.co... |
29.06.2022 | UK-based Modo Energy raises €3.7 million for its energy stor... | Helping energy storage owners and operators navigate markets and become more efficient, Modo Energy ... | eu-startup... |
- | Modo Energy | “The information available through the Modo platform gives us a deep understanding for how different... | fastfounde... |