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.
Location: United Kingdom
Employees: 11-50
Total raised: $58.5M
Founded date: 2019
Funding Rounds 4
| Date | Series | Amount | Investors |
| 21.07.2026 | - | $17M | - |
| 07.12.2025 | Series B | $33.72M | Molten Ven... |
| 29.06.2022 | Series A | $3.89M | - |
| 29.06.2022 | Seed | $3.88M | - |
Mentions in press and media 13
| Date | Title | Description |
| 27.07.2026 | Energy Data Innovator Modo Energy Lands $17M Funding Boost | Modo Energy secured $17 million in growth funding from CIBC Innovation Banking. This brings the London-based company's total capital raised to $52 million. The funds will significantly boost its AI-powered valuation platform for energy stor... |
| 21.07.2026 | 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... |
| 21.07.2026 | 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... |
| 21.07.2026 | 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... |
| 25.05.2026 | 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... |
| 07.12.2025 | 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,... |
| 29.11.2023 | London-based Modo Energy secures €13.6 million Series A to expand its renewable energy data analytics services | - |
| 29.11.2023 | 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... |
| 30.06.2022 | 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... |
| 29.06.2022 | UK-based Modo Energy raises €3.7 million for its energy storage platform fueling net-zero targets | Helping energy storage owners and operators navigate markets and become more efficient, Modo Energy has just raised over €3.7 million for its data-driven platform. Whilst Europe, and indeed the wider world, finds itself in the middle of an ... |
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