Modulous, a U.K. startup that makes it easier for housing developers, architects and construction firms to configure and design modular homes to address the ongoing housing crisis, has raised £10 million ($11.7 million) in a series A round of funding.
Founded out of London in 2018, Modulous said that it’s seeking to tackle a global housing shortage that could impact some 1.6 billion people by 2025, as house-price growth continues to outpace income growth. On top of that, houses aren’t being built quickly enough, with an estimated shortfall of at least 4 million homes in England and
Prefabs sprout: How Modulous helps housing developers build modular homes without factories
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