Bricks And Bytes
Bricks And Bytes
Bricks And Bytes
Story Of A Modular Construction Startup That Burned Through £10M in 15 Months - Chris Spiceley
1 hour 16 minutes Posted Jun 18, 2024 at 2:30 pm.
02:50) - Intro To Our Sponsors & Guest
07:59) - How Chris Made A Transition Into Tech
21:54) - About Industrialized Construction and MMCs In UK
28:41) - Chris's experience working at Modulous
31:54) - Premature Decision Made By Modulous To Expand In US
43:00) - Challenges That Comes With Pilot Projects
58:21) - Economics Of The Idea That Modulous Had
01:07:00) - Key Lessons Learnt By Chris
01:16:09) - Understanding Chris's Perspective On Offsite Manufacturing
01:16:50) - Outro
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1:16:50
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Show notes
What could go so wrong that a £10M modular construction startup collapsed in just 15 months?
In this episode, we had Chris Spiceley and we got to learn about his experience working at Modulous, a modular construction startup that went from raising £10M to liquidation in just 15 months. 
Chris shares valuable insights on what went wrong, lessons learned, and advice for anyone building a construction tech startup.
Tune in to find out about:
✅ The challenges of delivering modular projects in the UK
✅ Key factors that contributed to Modulus' downfall
✅ The personal impact on employees when a startup fails
✅ Chris' thoughts on the future of industrialized construction
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This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future.
Visit: https://maketheshft.digital
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BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.
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