CIBC Innovation Banking Provides $17m in Growth Funding to Modo Energy

Source Summary

LONDON--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided a $17m growth funding package for Modo Energy, bringing the total amount of funding raised by the company to $52m. The company will use the financing to invest in the platform and expand sales and marketing operations. Ko, Modo Energy's AI analyst, is becoming a trusted leader in energy analysis, and already answers users' most complex market questions. This funding will accelerate its evolution into a tool th