UK – Vector Homes, a Manchester, UK-based clean tech company, raised £450K in funding.
The round was led by SFC Capital, GC Angels, Greater Manchester Combined Authority and social housing investment firm HSPG.The company intends to use the funds to accelerate growth, expand operations and its business reach.Led by chief executive Nathan Feddy and chief technology officer Liam Britnell, chief operating officer Jonas Singer, senior scientist Vicente Orts and architect Tiago Luxton, Vector is developing new techniques and materials for affordable and sustainable modular housing. It is also advancing embedded sensing to provide smart environmental controls throughout the home to help efficiently measure and control temperature, humidity and air quality in each room. Each Vector home will also feature the latest energy-saving technologies.Vector is undertaking research and development at the Graphene Engineering Innovation Centre at the University of Manchester, and has now expanded its team and opened a manufacturing facility and workshop in Middleton, Greater Manchester. Work is under way on a prototype demonstration family home.The company has also raised £375,000 in grant funding since its inception through Innovate UK, the UK’s innovation agency.15/03/2023
