Chepstow, 11 July 2017 – Smart building technology company enModus raises £3m from three investors including shopping centre giant intu. Total funding to date amounts to £9m – £6m in seed investment since launch in 2010. Ambition to grow customer base worldwide with ground-breaking powerline communications technology
Investors - Oxygen House
The Oxygen House group invests in social cohesion, environmental rebalance and economic prosperity. A dynamic mix of established companies and start-ups, our specialities include venture capital & private equity, impact investment, property, renewable energy & clean tech, education technology, city planning and data analytics. Our business model mobilises financial, scientific, mathematical and engineering expertise to address the following urgent goals:
- A carbon-neutral society. This will be based on MWs of both renewable energy produced and demand reduced by more prudent energy consumption.
- An overhaul in educational standards through shrewd, patient investment in radical data technology.