# Modern Energy: portfolio, investments and team > Modern Energy is a vc firm based in United States. 2 investments on record, latest Oct 2023. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/modern-energy (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Modern Energy Last cheque observed Oct 2023. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet New fund $2.0M, Apr 2019 VC firm Series A Series B Cleantech Oil Greentech Cheques on record **0%** of best year **0** **cheques in 12 months**, 2 on record Since the last cheque **1105** days **00** hrs **00** min **00** sec Median round **$55M** Rounds led **1 of 2** Sole investor **1 rounds** Pitch Modern Energy ## Modern Energy highlights - 01 2 rounds on record - 02 Sole investor in 1 rounds, median $20M ## What they do > We partner with early-stage entrepreneurs and developers. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Series A Series B - **Sectors:** Cleantech Oil Greentech - **Based in:** Durham, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **2 appearances** - **2023** 2 rounds - **Oct** **[NovoHydrogen](https://millionrounds.com/company/novohydrogen)** US · Firms' own news pages **$20M** *Led* - **Feb** **[Industrial Sun](https://millionrounds.com/company/industrial-sun)** US · Firms' own news pages **$90M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** BS **Benjamin S. Abram** Managing Director of Manager i Filing they signed MJ **Mark J. Laabs** Managing Director of Manager i Filing they signed We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. New fund on file **$2.0M** raised in Apr 2019 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series A Series B Median round joined **$55M** the round, not its cheque Alone, median **$20M** Led 1 of 2 rounds **50%** - **Sole investor:** 1 rounds - **Last cheque:** Oct 2023 Rounds by stage said on their site - Series A said *-* - Series B said *-* **Pitching Modern Energy?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Modern Energy put money into. [**NovoHydrogen** $20M · Oct 2023](https://millionrounds.com/company/novohydrogen)[**Industrial Sun** $90M · Feb 2023](https://millionrounds.com/company/industrial-sun) ## Quick answers about Modern Energy ### What does Modern Energy invest in? Modern Energy says it invests in Cleantech, Oil and Greentech. ### How active is Modern Energy? 2 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2023. ### What has Modern Energy invested in recently? Its most recent investments on record: NovoHydrogen (Undisclosed round, Oct 2023) and Industrial Sun (Undisclosed round, Feb 2023). ### How big are Modern Energy's cheques? The median round it joins is $55M. ### Is Modern Energy investing now? No investments in the last 12 months; the latest was in Oct 2023. ### What kind of investor is Modern Energy? Modern Energy is a VC firm based in Durham, United States. ### Has Modern Energy raised a new fund? Its latest fund filing with the SEC was in Apr 2019, reporting $2.0M raised. ### When was Modern Energy founded? Modern Energy was founded in 2010. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=modern-energy) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=modern-energy)