Calculus Capital has launched a fundraising for the Calculus VCT.
The fundraising proceeds will be used to invest in new companies and to provide additional funding to existing portfolio companies.
The Calculus Capital VCT will invest alongside the Calculus Capital Enterprise Investment Scheme (EIS) fund, giving investors in both the VCT and EIS funds exposure to larger deals.
Calculus’s current VCT portfolio includes Cornerstone, a fast-growing subscription shaving and skincare brand (pictured above); Blu Wireless, providing advanced microchip technology to semiconductor companies worldwide; cutting edge Synpromics, developing synthetic promoters to better target gene therapies, and Weeding Technologies, a developer of environmentally-friendly weed and moss control systems which are free from harmful chemicals, such as glyphosate.
Chief Executive of Calculus Capital John Glencross said: “VCT investment is a vital source of development and scale-up funding for many of the UK’s most promising smaller businesses, which are essential to the future of the UK economy.
“Calculus Capital invests for growth. We are sector agnostic, simply looking for impressive management teams with robust business models and evidence of clear market need. Our investment helps these firms grow and succeed, and provides our investors with attractive tax-free dividend income and the potential for high levels of capital growth.”
