DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Modern Energy Management LLC
Modern Energy Management LLC
venture manager, reported GAV $5.1M across 1 vehicles
Importance
11
low
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
2
low
Identity and regulatory footprint
- Headquarters
- Durham, NCadviserinfo.sec.gov
- Office address
- 703 FOSTER STREET, Durham, NC, 27701adviserinfo.sec.gov
- Business phone
- 919-504-6586adviserinfo.sec.gov
- Website
- HTTP://WWW.MODERN.ENERGY/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 26, 2020
- Private funds reported
- 5 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $62.8Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Modern Energy Group, LLC (Manager), E; Katonti Holdings LLC (Manager), D; Lodestar Investment Management LLC (Manager), D
- business phone
- 919-504-6586adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- climate, energy
- Stages
- early
- Geography
- globally
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
1 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Modern Energy International LLC | Fund | 2017 form d first sale | Harvest | $5.1M Mar 26, 2020 | 9 | $3.0M of $4.5M | Oct 6, 2017 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
4 current, 0 departed
Ben Abram
Founder or executiveCEO
Mark Laabs
Founder or executiveExecutive Chairman (In Memoriam)
Benjamin S Abram
PartnerOwner · since Jun 1, 2016
Mark J Laabs
PartnerOwner · since Jun 1, 2016
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
2 dated events
- Mar 2, 2018Modern Energy Management LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 2, 2018Modern Energy International LLC first reported on Form ADV by Modern Energy Management LLC (Venture Capital Fund), GAV $2,970,000Fund first reported on Form ADVFundsFactModern Energy International LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $5.1M across 1 vehicles
Evidence
27 observations from 2 sources