6.2 C
Manchester
Tuesday, March 25, 2025
GrowthVECTOR HOMES SECURES SIX-FIGURE FUNDING BOOST

VECTOR HOMES SECURES SIX-FIGURE FUNDING BOOST

A start-up which is developing new techniques and materials for sustainable housing using ‘wonder material’ graphene has begun a major initiative after securing nearly £200,000 of government funding.
Manchester-based Vector Homes has been awarded a Smart Grant of £191,000 by Innovate UK, the UK’s innovation agency.
The money will help fund a £275,000 research programme to develop graphene-enhanced recycled plastic formulations for residential construction.
The project will enhance polymers with nano-materials to increase strength, durability, thermal and acoustic performance and further recyclability.
Vector Homes chief executive and co-founder Nathan Feddy said the formulations could also have applications in a variety of other sectors, such as aerospace, automotive and packaging.
He said: “Securing funding from Innovate UK is a true vote of confidence in Vector as we begin our journey. There is intense competition for its Smart Grants, so we are honoured and thrilled to be awarded this funding.
“It enables us to kick-start our research project which will see us work with a supply chain of partners across the UK and beyond, including several multi-billion dollar companies.
“Our aim is to develop nano-material formulations which will greatly improve the sustainability and durability of the homes of the future. The construction and operation of the built environment accounts for 40 per cent of global greenhouse gas emissions, and our mission is to help reduce its environmental impact as well as bringing down costs.”
Vector is ultimately looking to mass manufacture sustainable and affordable smart housing flat-packs from graphene-enhanced recycled materials.
The houses will feature hundreds of sensors which will help to provide smart environmental controls throughout.
The sensors will feed information to a ‘brain’ – the Vector Node – which will measure the temperature and humidity in each room.
The system will close roller blinds to keep rooms cool in the summer, or open bathroom vents in the winter to allow the humidity out. Each Vector home will also feature solar panels and the energy they generate will be stored in batteries which will be used to power the property.
Nathan said: “The materials used in our houses will be from recycled, energy efficient sources with a much lower carbon footprint than virgin materials. They can be recycled at end of life if they cannot be reused, contributing to the circular economy.
“Our homes have been designed to enable rapid production and assembly, and will have unique features that enable easy maintenance and modification throughout the life cycle, which also means they can quickly incorporate new technologies as they emerge.
“The design has already attracted interest from housing associations, which will be a key target market. They manage and maintain huge numbers of houses, which brings significant logistical challenges that Vector can address.”
Vector Homes is partnering with the Graphene Engineering Innovation Centre at the University of Manchester for the research project. Nathan and chief technical officer Dr Liam Britnell met while working there as colleagues before opting to focus full time on their venture earlier this year.
Nathan said: “We are delighted to be joining the GEIC at the centre of Manchester’s world-leading advanced materials ecosystem. This partnership is a fantastic opportunity to develop the materials and systems that will enable us to achieve our goal of cutting carbon emissions and the costs of construction.
James Baker, chief executive of Graphene@Manchester, of which the GEIC is part, said: “It’s great to see high-calibre start-ups such as Vector Homes utilising graphene’s multifaceted capabilities to make a positive sustainable impact on critical problems.
“We look forward to supporting Vector Homes’ development in the Graphene@Manchester ecosystem.”
Assessors on the Innovate UK panel which awarded Vector Homes the grant said the company had identified ‘a potentially significant commercial opportunity for new construction materials offering improved fire safety and reduced environmental impact’, adding that its vision addresses many of the key issues facing future housing developments.
They praised Vector’s ‘excellent technical understanding, solid knowledge of the market and clear, well-defined propositions’ which should ensure the project is a success.

Latest

Developers invited to help unlock North West development

The North West's regeneration potential is to be placed under the spotlight when local authorities, developers, and funders come together at a landmark regeneration...

Man arrested following Metrolink incidents

Police have arrested a man following reports of concerning incidents across the Metrolink. A man had allegedly let gas off on trams on the Bury...

Mum’s the word: The best gifts for Mothering Sunday

She taught you to feed yourself, use the potty, helped when you fell down, held your hair back, made multiple packed lunches and completed...

New managing director of Walker Sime named as firm strengthens future vision

Walker Sime is pleased to announce the appointment of Jon Neville as its new Managing Director. Jon takes on the role following 18 months as Director...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

Mum’s the word: The best gifts for Mothering Sunday

She taught you to feed yourself, use the potty, helped when you fell down, held your hair back, made multiple packed lunches and completed...

Developers invited to help unlock North West development

The North West's regeneration potential is to be placed under the spotlight when local authorities, developers, and funders come together at a landmark regeneration...

Hancocks Jewellers unveils bespoke ‘design your own engagement ring’ service

After 165 years of curating the finest diamonds and crafting exquisite jewellery, Hancocks Jewellers is proud to announce the launch of its exclusive ‘Design...

New managing director of Walker Sime named as firm strengthens future vision

Walker Sime is pleased to announce the appointment of Jon Neville as its new Managing Director. Jon takes on the role following 18 months as Director...

More News

North West sees marked improvement in skills, according to PwC

Preston is the highest ranking city in the North West, when it comes to the public's assessment of 12 economic measures. The annual Demos-PwC Good...

Why consider a dental implant in Turkey?

Tooth loss is not only an aesthetic concern but can also have a significant impact on overall health and confidence. In Turkey, DentPrime clinic has...

How Brands are Capitalising on a Booming Horse Racing Industry

Horse racing is big business in the UK. In terms of physical attendance, the industry draws millions of enthusiastic fans to race tracks and...