4 July 22

Modo Energy secures £3.2M to expand data analytics platform

Triple Point Ventures is delighted to announce it has participated in Modo Energy’s £3.2 million pre-Series A funding round alongside Fred. Olsen Limited. Congratulations to Quentin ‘Q’ Draper-Scrimshire, Tim Overton and the rest of the Modo Energy team. 
“Fred Olsen and Triple Point are a great match for Modo Energy – they share our big ambitions around net-zero and the massive potential of data within this sector. They’re also completely aligned with our mission – to help companies achieve huge success with their energy storage assets. We’re seeing more and more companies incorporate an Asset Success mindset into their business strategy – particularly the leading funds and investors in the energy storage space.” Commented Quentin Draper-Scrimshire, co-Founder and CEO of Modo Energy. 
Read the announcement - https://lnkd.in/dnkQh7GU