
The VETTDD 50 · UK startups · 2026
Quentin Scrimshire
Co-founder and CEO, Modo Energy · modoenergy.com ↗
Battery storage projects get financed on forecasts. Modo Energy’s chief executive raised $52m in six months to make its valuations the benchmark across 15 energy markets
- series B led by Molten Ventures, December 2025
- £25m
- growth funding from CIBC Innovation Banking, July 2026
- $17m
- energy markets covered, up from five
- 15