Startups
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.
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.
Overview
Location
United Kingdom
Employees
11-50
Total raised
$58.5M
Founded date
2019
Funding Rounds 4
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Dec 7, 2025 | Series B round | $33.72M | |
| Jun 29, 2022 | Series A round | $3.89M | |
| Jun 29, 2022 | Seed round | $3.88M |
Mentions in press and media 14
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 27, 2026 | European tech weekly recap: Over €1B invested across 50+ deals | Last week, we tracked more than 50 tech funding deals worth over €1 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe. 📊 The top three industries that raised the most were cleantech (€431.7 mil... |
| Jul 21, 2026 | Modo Energy Secures $17 Million In Growth Funding From CIBC Innovation Banking | Modo Energy has secured a $17 million growth funding package from CIBC Innovation Banking to expand its AI-powered energy data and valuation platform. The financing brings the London-based company’s total capital raised to $52 million. Modo... |
| Jul 21, 2026 | Modo Energy Receives $17M Financing From CIBC Innovation Banking | Modo Energy, a London, UK-based provider of a valuation platform for energy storage and renewable assets, received a $17M financing from CIBC Innovation Banking. The raise brought the total amount to $52M. The company intends to use the fun... |
| Jul 21, 2026 | Mach42 Raises £7M in Pre-Series A Funding | Mach42, an Oxford, UK-based AI-driven company developing technology to accelerate analog circuit simulation for semiconductor design, raised £7M in Pre-Series A funding. The round was led by IP Group plc, with participation from BGF and For... |
| May 25, 2026 | Hithium Accelerates LDES Strategy with Australia Debut of 8-hour Energy Storage System | SYDNEY, May 25, 2026 /PRNewswire/ -- Hithium, a leading global provider of energy storage solutions and services, announced its latest expansion into the global long-duration energy storage (LDES) sector with the debut of its ∞Power 6.9 MWh... |
| Dec 7, 2025 | Modo Energy: £25 Million Series B To Expand Global Electrification Intelligence Platform | Modo Energy has secured £25 million in Series B financing to accelerate the global rollout of its data and valuation platform for electrification assets. The round was led by Molten Ventures, with additional participation from ETF Partners,... |
| Nov 29, 2023 | London-based Modo Energy secures €13.6 million Series A to expand its renewable energy data analytics services | |
| Nov 29, 2023 | Modo Energy wants to become the Morningstar of the renewable energy market. It just raised $15 million with this 9-slide pitch deck. | Modo Energy cofounders Tim Overton (CTO) and Quentin Scrimshire (CEO). Modo Energy This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Modo Energy wants to build "the informatio... |
| Jun 30, 2022 | Modsy, an interior design startup founded by a Google Ventures partner, is shutting down its design business and splitting ties with designers | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. As the markets continue to plunge and venture investors pull back, a digital interior design star... |
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FAQ about Modo Energy
When was Modo Energy founded?
Modo Energy was founded in 2019.
How much funding has Modo Energy raised?
Modo Energy has raised $58.5M in total across 4 funding rounds.
What funding rounds has Modo Energy raised?
Parsers VC lists 4 funding rounds of Modo Energy, among them a Series B round of $33.72M on Dec 7, 2025, a Series A round of $3.89M on Jun 29, 2022 and a seed round of $3.88M on Jun 29, 2022.
What has the press written about Modo Energy?
Parsers VC has collected 14 articles mentioning Modo Energy, among them “European tech weekly recap: Over €1B invested across 50+ deals” (Jul 27, 2026) and “Modo Energy Secures $17 Million In Growth Funding From CIBC Innovation Banking” (Jul 21, 2026).
Is Modo Energy still active?
Yes, Modo Energy is active; its latest activity on Parsers VC dates from Jul 27, 2026.