enModus closes £1.5m in further funding
Date posted: 17 February 2014

Chepstow, UK, 17th February 2014 – enModus, a developer of Smart Home communications technology, today announced that it has closed £1.5m of seed investment from current investor Andromeda Capital Partners, and new investor Finance Wales. Following the investment round, enModus has relocated to larger premises in Chepstow, Wales, to accommodate planned growth of its engineering and commercial team.

The funding will enable enModus to launch its ground-breaking powerline communications technology, Wattwave, which has been specifically developed for embedding connectivity in appliances and buildings.

Andy Heaton, enModus’ CEO commented: “The Smart Home market is growing rapidly, with both major consumer electronics companies and new entrants successfully launching smart devices for the home. These devices need to connect reliably, regardless of where they are installed, which is something wireless technologies like Wi-Fi and Bluetooth cannot deliver. Wattwave offers extremely robust, long range and affordable communications for low bitrate monitoring and control applications, uniquely filling this gap in the market.”

Heaton continued: “This new investment from both Andromeda Capital Partners and Finance Wales also enables us to optimise and cost reduce Wattwave even further. With our existing grant support from the Department of Energy & Climate Change (DECC) under their Energy Entrepreneurs Fund (EEF), we can accelerate our technology roadmap and vastly increase the applications that can be supported with Wattwave”.

Welcoming Finance Wales to the Board, Heaton added: “We’re delighted that Finance Wales is joining Andromeda Capital Partners as an investor in enModus. With their investment, and additional support from the Energy Entrepreneurs Fund, we can bring Wattwave to market and make a reliable, affordable smart home a reality.”

About enModus

Founded in 2010, enModus is a UK-based Smart Home technology company. The company’s core technology is Wattwave, a low-cost powerline communications protocol for appliances and buildings which offers unbeatable range and robustness.


Andy Heaton
t:  +44 1291 625567
e: andy.heaton@enmodus.com

Latest News

Smarter and faster – why manufacturers must embrace the Internet of Things

Nick Ismael London, 13 November 2017 – The manufacturing sector is seeing significant benefit from IoT – better machine performance, saving millions on energy and improving staff efficiency From Henry Ford’s automotive assembly line to the production of the iPhone, embracing and driving innovation has been at the forefront of manufacturing. That is because the sector […]

Read more

Latest Press Release

Virgin Media get smart about energy consumption

enModus, the smart building solutions company, has successfully implemented a project with Virgin Media to radically reduce energy consumption at one of the telecom giant’s major UK technical facilities.  The undisclosed site supports more than 250,000 homes. The project has seen a proportion of the existing fluorescent lighting switched to the enModus Smart Connected Lighting […]

Read more