Modulous
Assembly Line
Modulous raises £10m ($11.5m) to develop the technologies that enable developers, architects and contractors to build net-zero modular homes without a factory
Modulous announced today that it has raised £10m ($11.5m) of Series A funding, increasing its valuation despite the slide in global markets. “Building energy efficient, affordable housing without the waste and carbon footprint that accompanies traditional construction has never been more critical,” said Modulous CEO Chris Bone. “Modular delivery is really the only way the housing crisis can be resolved, but, for many, the upfront capital investment has held back the industry’s ability to scale.