Just a little over a year after securing £984,110 through its first equity crowdfunding campaign on Crowdcube, modular contemporary company nHouse has returned to the funding portal to raise a minimum of £200,000. As previously reported, nHouse creates spacious, high-tech, and free “grand design” styled homes in a factory. The company aims to form part of the solution to the UK’s housing problem and is in talks with major developers to supply thousands of homes over the next five years.
“We have created the nHouse for forward-thinking self-builders, volume developers, housing associations, local authorities and other organisations who are looking for a solution to the housing crisis. The nHouse can be set up as a detached house, semi-detached or as a terraced property. It’s available in 3 and 4 bedroom configurations with an optional carport. The nHouse is built using innovative off-site construction techniques and can be delivered and installed on your site quickly and efficiently.”
nHouse revealed that the funds from its last Crowdcube campaign were for research, design and engineer a range of four house products, create a brand, build prototypes, set up our supply chain, launch, apply for BOPAS accreditation and generate over 500 sales inquiries. Funds from the latest round will fund a top class Sales Team, maintain our market awareness and hit our target of delivering 22 houses during 2019.
Since its debut, nHouse’s latest funding round has raised nearly
- £60,000 from more than 100 investors. It is set to close at the end of Decem
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