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Energy Tech Series B Founded 2019

Modo Energy

Modo Energy provides an AI-native energy market intelligence platform that delivers bankable forecasts, regulated benchmarks, and analyst insights for battery energy storage and energy asset investment decisions. The platform features Ko, an AI analyst designed for energy investment decisions that can answer questions about market forecasts and asset economics in seconds. Modo Energy three core pillars are Bankable…

📍 Birmingham, United Kingdom · Energy Storage Tech

Funding snapshot

Last roundSeries B
Amount$17M
Date21 July 2026
Total raised$53M
Team size84

About

Modo Energy provides an AI-native energy market intelligence platform that delivers bankable forecasts, regulated benchmarks, and analyst insights for battery energy storage and energy asset investment decisions. The platform features Ko, an AI analyst designed for energy investment decisions that can answer questions about market forecasts and asset economics in seconds. Modo Energy three core pillars are Bankable Forecasts, providing transparent and defensible revenue models built for investment decisions; Regulated Benchmarks, offering the only FCA-regulated and IOSCO-certified benchmarks for battery energy storage in the world; and Analyst Insights, written by power market experts and cited by Bloomberg, the Financial Times, and the Wall Street Journal. The platform serves four primary solution areas: Asset Management for benchmarking portfolios, spotting opportunities, and valuing assets with regulated data; Lending and Investment for underwriting and monitoring energy assets with bankable forecasts; Asset Development for assessing sites, sizing projects, and understanding risks before committing capital; and Optimisation and Trading for real-time dispatch and bidding decisions powered by observed market outcomes. Modo Energy helps users source investment curves 50x faster, with the UK largest listed battery fund using the platform to value its portfolio. The company team comprises over 70 power market analysts, data scientists, and engineers across offices in New York City, London, Madrid, and Sydney. The platform is FCA regulated (Firm no. 1042606), SOC 2 Type II certified, IOSCO aligned, and ISO 27001 certified. Founded in 2019 and headquartered in Birmingham, United Kingdom, Modo Energy has raised approximately $53.3 million in Series B funding from investors including Fred. Olsen, Triple Point, MMC Ventures, Catalyst Capital, Molten Ventures, ETF Partners, and Canadian Imperial Bank of Commerce. The company employs approximately 84 people.

Business model

Energy Storage Tech > Battery > Battery Analytics

Institutional investors

Fred. Olsen Triple Point MMC Ventures Catalyst Capital Molten Ventures ETF Partners Canadian Imperial Bank of Commerce Envirotech Es Mainspring Fund Services Michael Liebreich John Wells Naomi Mason Yoav Zingher William Mackay Peter Kavanagh

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