Modular Solar Technologies secures £145k for plug-and-play solar units

Plug-and-play units that connect to standard outdoor mains sockets are the core solar offering of Modular Solar Technologies Limited, which has just secured an estimated £145k. Based in Hope Valley, the company reached an estimated post-money valuation of £3.4m following the deal, helping homeowners generate renewable energy and reduce electricity bills.

Founded in 2022, the firm operates within the manufacture of other electrical equipment sector and also produces off-grid modular power banks. Financial accounts for the full year ending 28 February 2025 show the business employed a team of two people and recorded a loss of £181.6k.

The current round brings the total capital raised during 2026 to £177k. This follows £50k raised across the previous calendar year. Documentation for this transaction was filed in May, following the share allotment in April.