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Molten Ventures Leads Series B Funding Round for Modo Energy, Partially Realizes Iceye Stake

MT Newswires·12/09/2025 05:29:29
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05:29 AM EST, 12/09/2025 (MT Newswires) -- Molten Ventures (GROW.L, GRW.IR) said Tuesday it led Modo Energy's fresh fundraising plan and made a partial realization of its holding in Iceye. The British venture capital group, which first invested in Modo Energy in 2024, made a 12.5 million-pound-sterling investment in the 25 million-pound series B funding round to support its expansion into 20 international markets and further enhance its platform. The partial realization of its Iceye stake, meanwhile, generated 17.5 million pounds in cash.