(October 4, 2017) – Fluxus Ventures has made an investment into enModus, a UK-based smart building technology company. enModus will use this investment, along with its recently raised £3m Series A, to fuel deployment of its innovative powerline communication technology. Fluxus is excited to support enModus going forward and will work alongside the enModus team as […]
About us - History
enModus was founded by Andy Heaton and Phil Young in 2010.
Andy and Phil, both experienced technology entrepreneurs who had previously worked together in GPS and powerline startups, blend their technology, commercial and leadership skills into a world beating team.
EnModus was founded on the principal that, whereas wireless technologies satisfy some applications perfectly, they suffer from catastrophic range issues and will not cost effectively scale in large buildings.
There is a growing need for a smart buildings solution, built from the ground up, to satisfy this rapidly growing market that is simple to install, works reliably, and offers a platform for services delivery.
Therefore, enModus was founded to develop a new powerline communications technology, perfectly designed for common applications in smart buildings, together with a scalable and efficient cloud based platform.
Founder and Angel funding together with £1m in initial seed funding allowed enModus to develop the core technology and a strong IP position. Follow on funding rounds of >£3m have allowed enModus to bring their smart buildings solution to market.