Tech Company Financing Transactions
Modo Energy - It's Diff Funding Round
MMC Ventures, Catalyst Capital Managment and Fred Olsen Limited participated in a $15 million Series A funding round for Modo Energy - It's Diff. This venture round was announced on 11/29/2023.
Transaction Overview
Company Name
Announced On
11/29/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to further enhance its expansion plans, focusing on product enhancement and global market entry.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Bennetts Hill House, 24 Bennetts Hill
Birmingham, B2 5QP
UK
Birmingham, B2 5QP
UK
Phone
Undisclosed
Website
Email Address
Overview
Developer of data analytics software designed for accessing information to navigate the evolving energy landscape. The company's platform offers asset performance benchmarking, optimizer revenue leaderboards, and tools to analyze ancillary services markets, enabling owners and operators of grid-scale energy storage assets and flexible power generation to get the data they need quickly and increase the impact of their decisions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Quentin Scrimshire
Co-Founder
Timothy Overton
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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