Calculus injects £2.25m into Duvas
Calculus Capital has invested ТЃ2.25m in Duvas Technologies, a UK developer of technology used in air quality monitoring.
The fresh capital will enable Duvas to expand its presence in the US, where it is currently awaiting regulatory approval to begin sales, as well as move into new regions.
Calculus is currently raising funds for its 16th Enterprise Investment Scheme fund, which launched in June 2015 with a target of £25m.
The firm most recently invested £2.5m in London-based marketing agency Once Upon a Time.
Company
Founded in 2008 as a spinout from Imperial College London, Duvas develops ultra-violet technologies to analyse air pollution in major cities and industrial centres. Its products detect traffic-related pollutants such as ozone, nitrogen and sulphur dioxides, as well as toxic chemicals related to the oil & gas and industrial sectors.
Duvas is now headquartered in Woking, Surrey, and has additional offices in Dubai. It works with organisations including the US Environmental Protection Agency, the Belgian Environmental Protection Agency, Rotterdam Harbour and Shanghai Environmental Monitoring Center.
People
Calculus Capital - John Glencross (chief executive).
Duvas Technologies - David Frew (CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









