# Modo Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/modo-energy

- Industry: Energy Storage & Batteries
- Headquarters: London, UK
- Website: www.modo.energy
- Total disclosed funding: $48M
- Latest round: Series B (Dec 2, 2025)
- Investors on record: 5

## About

Founded in 2019 and based in Birmingham, UK, Modo Energy Limited, doing business as Modo is a data analysis platform that aims to help the energy sector transition to a carbon-neutral world by providing insights. In December 2025, Modo Energy Ltd raised an GBP 25 million in series B funding led by investor Molten Ventures, with participation from other investors ETF Partners and Fred. Olsen Limited. Returning investor MMC Ventures also participated in the round. Quentin Scrimshire is leading the firm as CEO as of 2025.

Modo provides a cloud-based data platform that provides visibility into how various assets are performing in order to promote efficiency. The firm analyses market data and provide benchmark performance to enable organizations such as funds, banks, and investors to track their energy storage assets.

## Funding rounds

- Series B, Dec 2, 2025, $33M — Molten Ventures, MMC Ventures, ETF Partners
- Series A, Oct 25, 2023, $14M — MMC Ventures, Catalyst Capital, Triple Point Investment Management

## Investors

- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Series A, Series B
- Catalyst Capital (https://capitalatlas.ai/funds/catalyst-capital) — Series A
- Triple Point Investment Management (https://capitalatlas.ai/funds/triple-point-investment-management) — Series A
- Molten Ventures (https://capitalatlas.ai/funds/molten-ventures) — Series B
- ETF Partners (https://capitalatlas.ai/funds/etf-partners) — Series B