Modular home manufacturer Vantem has just closed a Series A funding round led by Breakthrough Energy Ventures.
manufactures energy efficient modular dwelling units. Over the past 3 years, more than 3 million square feet of homes, hotels, and commercial buildings in South America and the Caribbean have been constructed using its proprietary factory made structural panels. The resulting buildings are affordable, energy efficient, and able to resist hurricanes, earthquakes, and wildfires. With the addition of solar panels, they can be net zero.
“Vantem’s approach allows the production of high-efficiency and net-zero homes at extremely competitive costs and low embodied carbon,” says Carmichael Roberts of Breakthrough Energy Ventures. “With their proven track record in South America and the Caribbean, we’re confident that the Vantem team can scale their modular approach to ensure homes everywhere can be energy efficient.”The Vandem structural panels have a thick layer of insulating foam between the inner and outer surfaces.
“We are excited to have the support of investors who share in our goal of meeting affordable housing needs while reducing energy and carbon emissions impacts,” Anderson says. “Construction in this sector has seen the least amount of innovation and productivity gains and is one of the greatest direct and indirect sources of carbon emissions.
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