Energy Storage Valuation Platforms
Modo Energy Has Raised $17 Million to Expand Its AI Analyst Ko
Adam Harrie — July 22, 2026
CIBC Innovation Banking provided a $17 million growth funding package to Modo Energy, an energy storage benchmarking platform used by investors and operators to value battery storage and renewable assets, bringing the company's total funding to $52 million. The capital will accelerate the development of Ko, Modo Energy's AI analyst, into a tool capable of running end-to-end data analysis and reporting for energy professionals.
Modo Energy covers 15 energy markets and is used by more than 200 companies across 30 countries. Its forecasts have helped finance more than $3.8 billion in assets. The company is the only FCA-regulated benchmark provider for battery energy storage worldwide and plans to continue hiring analysts, data scientists and engineers.
Modo Energy shows how trusted, bankable data platforms are becoming essential infrastructure for unlocking the financing needed to scale renewable energy and storage assets globally.
