Modulous

↘ modulous.com

A housing development platform that paired design software with a modular building system. TESSA generated a fully engineered, costed scheme for any given site, and the Kit of Parts turned that scheme into standardized assemblies made by supply chain partners instead of in a factory of its own.

They primarily sell to Asset Owners/Investors with a promise to improve outcomes on speed of delivery, $$$, climate, social impact, and circularity.

It touches four phases of the supply chain with a product that is moderately digital.

If this works, it will disrupt Design and Planning Services, Engineering Services, and Construction Services.

January 26, 2024

Modulous entered voluntary liquidation, with Opus Restructuring appointed, after a prospective buyer for the TESSA software withdrew. All 50 staff had been made redundant at the end of November 2023, and the company left around £4m of debts, including unpaid final salaries and four months of pension contributions. Chief executive Chris Bone blamed "the vagaries of the venture capital markets": around £30m of pledged funding stalled when one funder pulled out and the rest prevaricated, and the business "couldn't bridge the gap". A new company, Modulous Technologies Ltd, was registered on 9 January 2024 with Bone as a person of significant control; no evidence was found that it has traded. The modulous.com site remains online and unchanged, still marketing the company in the present tense. (Building Design, Housing Today)

Added to Database Aug 29, 2026

Sources

Digital: Med
Chain: High