Modulous

Modulous is reinventing the construction industry with a unique ConTech proposition. Founded in 2018 and headquartered in the United Kingdom, the company aims to address the global deficit of 500 million homes through a scalable model for home design and delivery. Their TESSA software provides engineered design solutions, detailed cost information, and accurate programs at the concept stage, transforming the risk/reward equation for landowners and developers. Modulous's designs are based on a proprietary Kit of Parts, a series of sub-assemblies procured from the established supply chain and assembled into modular homes in local facilities. The company is also working on alternative assemblies to cater to the global marketplace. By collaborating with leading manufacturers for the Kit of Parts, Modulous eliminates the need for dedicated factories and promotes the upskilling of local labor in the assembly process. The recent Venture Round investment on 01 November 2022 was secured from Elemental Excelerator, signaling confidence from investors in Modulous's innovative approach to revolutionize the construction and real estate industries. With a focus on sustainability and efficiency, Modulous presents an intriguing opportunity for investors looking to support technological advancements in the construction sector.