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Modo Energy is the industry standard revenue benchmarking and forecasting platform for battery energy storage analysts. Through an integrated mix of price forecasts, revenue benchmarking, in-depth…

Modo Energy is the industry standard revenue benchmarking and forecasting platform for battery energy storage analysts. Through an integrated mix of price forecasts, revenue benchmarking, in-depth…
Founded: 2019 (London)
Product: Modo Energy Terminal — benchmarking, forecasts and analysis for electrification assets, especially grid-scale battery storage
Funding: $30M Series B (Dec 2, 2025) led by Molten Ventures
Regulation: BESS indices authorised by the UK Financial Conduct Authority (Feb 2, 2026)
Opacity in revenue and valuation for battery energy storage and other electrification assets; need for standardised benchmarks and forecasts to support financing and operations.
2019
IT Services and IT Consulting
€13.6 million (~$15 million)
$30 million
Participation from ETF Partners; continued support from MMC Ventures and Fred. Olsen Limited.
“Series B led by Molten Ventures; other investors/support include MMC Ventures, ETF Partners and Fred. Olsen Limited.”
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