# Modern Energy Management

> Modern Energy Management is a VC fund in Durham backing Solar and Energy. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Durham, United States
- Total investments: 4
- Last investment: Feb 2023
- Lead investor: 0%
- Fund size: $56M
- Last fund: Oct 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/modernenergy/
- Website: https://www.modern.energy

Modern Energy Management is a VC fund in Durham focused on Solar and Energy. Modern Energy is an energy asset management firm that invests in businesses that bring emerging energy technologies to market and the energy resources those businesses produce. From energy efficiency in the United States to solar projects in Brazil to virtual power plants in the United Kingdom, Modern supports leaders in the transition to adigital energy ecosystem. New hardware and software innovations are rapidly reshaping the competitive landscape of energy markets. Cost reductions in energy efficiency, generation, management, and storage are changing the economics of energy markets. At the same time, new software applications are dramatically reducing the transaction costs required to purchase, aggregate, dispatch, and monetize millions of small energy installations, ranging from industrial coolers to solar home systems. Together, these changes represent a once in a century transformation of their energy ecosystem and enable Modern Energy to play a catalytic role in bringing market-moving price and technology trends to scale.It was incorporated in 2010 and is based in Durham, North Carolina.

## Contacts

5 contacts available for Modern Energy Management. Shizune tracks 2 team members at Modern Energy Management. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/modern-energy?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Solar | 1 | 25% |
| Energy | 1 | 25% |
| Renewable Energy | 1 | 25% |
| Energy Efficiency | 1 | 25% |
| Energy Management | 1 | 25% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 50% |
| Funding Round | 1 | 25% |
| Private Equity | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 1 | 25% |
| United Kingdom | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Benjamin Abram | Managing Director & Founder | 0 | https://shizune.co/investors/profile/benjamin-abram |
| Mark Laabs | Founder, Partner and CEO | 0 | https://shizune.co/investors/profile/mark-laabs |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Industrial Sun | Industrial Sun offer comprehensive and cost-saving solar development capabilities tailored to serve customers | $90M |  | Feb 28, 2023 |  |
| Industrial Sun | Industrial Sun offer comprehensive and cost-saving solar development capabilities tailored to serve customers | $90M | Private Equity | Feb 28, 2023 |  |
| Industrial Sun | Industrial Sun offer comprehensive and cost-saving solar development capabilities tailored to serve customers | $90M | Series A | Feb 28, 2023 |  |
| KrakenFlex | Upside Energy reduces greenhouse gases by enabling people to make smart choices about when to use energy.Every flick of a switch is supported by a vast complex network delivering the power they need. Regardless of the time of day, season, other demands being made on it, it springs to their command.It’s also pretty brutal. To deliver thatenergy, it extracts millions of tonnes of fossil fuels. It emits greenhouse gases and other pollutants. It lays thousands of miles of wire and pylons across the countryside. It meets their demands regardless of the environmental consequences.Their vision is for a world where people use energy without damaging the environment. They want to build a world that delivers the energy they need, but in a way that respects the environment and wider society. They want a harmonious energy system, not a discordant one. So we’re building a service that orchestrates elements of the energy system so that their demands fit a little more cleanly with what the environment can deliver.Founded in 2013 by Dr Graham Oakes, Matt Potts, Matt Fisher and Andy Molineux, Upside has grown and they are now a team of 12 people based in Salford and London. |  | Series A | Dec 22, 2017 |  |

4 of 4 investments shown.

## Co-investors
- [EIG Global Energy Partners(EIG)](https://shizune.co/investors/profile/eig-global-energy-partners-eig) — VC Fund, 3 deals together
- [Legal & General](https://shizune.co/investors/profile/legal-general) — VC Fund, 1 deal together
- [SYSTEMIQ](https://shizune.co/investors/profile/systemiq) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Modern Energy Management invest in?

Modern Energy Management invests primarily in Solar, Energy and Renewable Energy startups, most often at Series A and Funding Round stage. Most of the 4 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Modern Energy Management?

Public channels for Modern Energy Management include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Modern Energy Management?

The team at Modern Energy Management includes Benjamin Abram (Managing Director & Founder) and Mark Laabs (Founder, Partner and CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co