The funding was led by Mercia Ventures and will support preparations for upcoming clinical trials.

Calculus Capital
Venture CapitalCalculus pioneered tax efficient investing with the launch of the UK's first approved EIS Fund in 1999. The firm targets high growth private companies across sectors including technology, healthcare and entertainment.
Recent investments
£950K
£2.0M
Calculus Capital has led a £2m Series A round in employee engagement platform WorkL to fund global growth.
"WorkL’s mission is to help people to have a happier time at work and drive commercial performance as a result. I’m looking forward to this new stage of WorkL’s growth and Calculus is a great partner to support us in helping even more organisations improve the happiness and engagement of their teams"
£7.0M
MIP Discovery raises £7m in a Series A round led by Mercia Ventures to expand reagent commercialisation
The financing will support the commercial rollout of synthetic affinity reagents and team expansion.
"Securing funding for a novel reagents company in today's investment landscape demonstrates clear confidence in MIP Discovery's technology and renewed commercial strategy. Our proprietary modeling approach to developing synthetic antibody alternatives has already been successful for diagnostic applications, and we have already seen very encouraging traction for our expertise in the cell and gene therapy space."
£13.5M
Calculus Capital led the financing round alongside several institutional investors to support platform development and pipeline progression.
"GEiGS is already showing significant potential to transform the safety and efficacy of advanced therapies and we are excited that this new investment will allow us to progress towards pre-clinical candidate selection. We’re pleased to welcome such an experienced group of investors on board, bringing extensive sector expertise which will help us to grow as a company and accelerate the development of targeted, responsive treatments."
£5.8M
The Manchester-based psychometric assessment provider has secured Series B backing from Praetura Ventures and Calculus Capital to scale its soft-skills platform across Europe.
"This next phase of investment will help Arctic Shores to realise its mission to help companies see more in people and transform recruitment so that potential will count as much as hard skills or experience."
Praetura + 2 others

