Modo Energy
An energy data analytics startup
Modo Energy has raised €61M across 5 funding rounds from 8 investors. Based in Birmingham, UK; active in Software. Data as of 31 Oct 2026.
Birmingham, UKmodo.energy ↗
Total raised
€61M
€60,722,193
Funding rounds
5
Investors
8
distinct backers
Active since
2022-06
Funding by year
EUR raised per year · 2026 YTDModo Energy — funding by year — interactive chart.
Data table
| Modo Energy — funding by year | |
|---|---|
| 2022 | €3.7M |
| 2023 | €14M |
| 2025 | €29M |
| 2026 | €15M |
Signals
High confidenceRaise-next likelihood18
base rate 37% for Growth/Late
- ▼ Raised very recently
- ▼ Down/flat last round
- ▼ Low backer re-investment
Exit likelihood25
base rate 11% (2+ rounds)
- ▲ €30M+ raised
- ▲ 4 rounds raised
- ▲ Recent equity round, but funding momentum is down (may be rescue financing)
Timing: too soon vs cohort gap · momentum down. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
5 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| — | Other | — | — | View deal → |
| 2026-07-22 | Growth/Late | €15M | CIBC Innovation Banking | View deal → |
| 2025-12-03 | Series B | €29M | ETF Partners,Fred Olsen Limited,MMC Ventures,Molten Ventures | View deal → |
| 2023-11-29 | Series A | €14M | Catalyst Capital,Fred Olsen Limited,MMC Ventures,Triple Point Ventures | View deal → |
| 2022-06-29 | Seed | €3.7M | Fred Olsen Limited,Triple Point Ventures | View deal → |