Modo Energy

Investor: CIBC Innovation Banking

Modo Energy, a London-based AI-powered benchmarking and valuation platform for energy storage and renewable assets, has successfully secured a growth funding package totaling $17 million (£12.7 million) from CIBC Innovation Banking.Summary of transaction details:Value: $17m (£12.7m)Sector: DeepTech & AIAdvisor: Not mentionedKey Entities: Modo Energy (Target), CIBC Innovation Banking (Investor)Location: London (Modo Energy)Note: This funding is earmarked for accelerating the evolution of Modo Energy's AI analyst, Ko, further hiring, and expanding coverage into new energy markets, reinforcing its position in the rapidly growing energy storage sector.

Investor: ETF Partners, Molten Ventures, Fred Olsen Limited, MMC Ventures

Investor: Fred Olsen Limited, Triple Point Ventures, Catalyst Capital, MMC Ventures

Investor: Fred Olsen Ltd., Triple Point Ventures