As global electrification surges with trillions invested in batteries, renewables, data centres, and flexible loads, valuation tools remain slow, fragmented, and reliant on static reports, complicating long-term infrastructure financing. Modo Energy addresses this by delivering AI software-driven benchmarks, forecasts, and modelling that provide transparent, bankable intelligence for asset owners, operators, and financiers across Europe, North America, and APAC.
Today, the company secured a £25 million Series B led by Molten Ventures, with participation from ETF Partners, MMC Ventures, and Fred, to scale its platform.
Founded in 2019 by CEO Quentin Scrimshire and Director Tim Overton in Birmingham, UK, Modo Energy builds the “benchmarking and valuation operating system for global electrification,” powered by AI to shift from static analysis to dynamic, explainable workflows.
Modo Energy’s platform integrates modelling with millions of verified datapoints from TSOs, spot markets, and weather sources, enabling users to forecast revenues, benchmark performance, and simulate scenarios in one workspace without consultants. Its features include full-stack ownership for transparent, customizable indices across assets and regions, real-time autonomy, and API-driven forecasts that embed into workflows, earning trust from lenders, insurers, and traders.
Unlike TWAICE and Volytica, Modo offers end-to-end, dynamic intelligence over static or siloed tools, positioning it as the “Bloomberg of energy”.
With the raised funds, Modo plans to fuel expansion from 5 to 20 markets, targeting batteries, solar, wind, data centres, and flexible loads while hiring in engineering, data science, and support. Modo will deploy advanced AI valuation systems for direct customer interaction with models and scenarios, deepening global benchmark adoption beyond documents to operable intelligence.
