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Modo Energy secures $17m in growth funding from CIBC Innovation Banking to enhance its platform and expand sales operations.

PRIVATEJul 21, 2026

Amount Raised

$17 Million

Round Type

Venture

LondonEnergyRenewable Energy

Investors

CIBC Innovation Banking

Description

CIBC Innovation Banking has provided a $17m growth funding package to Modo Energy, bringing the total funding amount raised by the company to $52m. The funds will be utilized to invest in the company's platform and to expand its sales and marketing operations. Modo Energy's AI analyst, Ko, is already a trusted leader in energy analysis. This strategic funding will accelerate its evolution into a more powerful tool.

Quick answer

Modo Energy raised $17 Million in a funding round, dated July 21, 2026. Investors: CIBC Innovation Banking. Modo Energy is based in London, England, United Kingdom.

How much did Modo Energy raise?
Modo Energy raised $17 Million in a funding round on July 21, 2026.
Who invested in Modo Energy?
CIBC Innovation Banking is named as investors in this round.
What does Modo Energy do?
Modo Energy is the all-in-one platform for battery energy storage analysts.
Where is Modo Energy based and how big is it?
Modo Energy is based in London, England, United Kingdom. Fundz records about 68 employees.
Who are the decision-makers at Modo Energy?
Fundz holds 1 contact at Modo Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Modo Energy that raised within 45 days of this round, from Fundz verified event records.

  • SunPower raised $1.2B (Post-IPO Equity) on September 4, 2026.
  • TXNM Energy raised $400M (Debt Financing) on September 2, 2026.
  • Ki 13 raised $5M (Seed) on September 2, 2026.
  • Delafield Energy raised an undisclosed amount on September 1, 2026.
  • Kyoto Fusioneering raised an undisclosed amount (Series D) on September 1, 2026.
  • Zenergize raised $3.5M (Pre-Series A) on September 1, 2026.

Who to call at Modo Energy, and when

A new round usually means Modo Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Modo Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Modo Energy, from your own LinkedIn network

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Company Information

Company

Modo Energy

Location

London, England, United Kingdom

About

Modo Energy is the all-in-one platform for battery energy storage analysts. Started in 2020 by co-founders Q and Tim, Modo Energy has become one of the most trusted voices in the ever-expanding battery energy storage market. Through an integrated mix of price forecasts, revenue benchmarking, in-depth research, educational materials, real-time market screens, and downloadable data - Modo users have all the tools at their fingertips to finance, build, and operate the energy system of the future.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Modo Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Modo Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.