Cambridge Temperature Concepts Limited Secures £375,000 In Funding to Develop Novel Ovulation Detector
1/23/2008 9:35:34 AM
CAMBRIDGE, England--(BUSINESS WIRE)--Cambridge Temperature Concepts Limited (CTC) today announced securing £375,000 in private investment to aid product development of their novel ovulation detector – DuoFertility. The investment is syndicated between the Cambridge Angels, Cambridge Capital Group, and members of the Downing Enterprise board. Founded in 2005 by 4 post-graduate students at the University of Cambridge, CTC are now based in new premises at the Cambridge Science Park and plan to complete their development programme over the next 4 months, with trials beginning in Q2 2008. The first product release of DuoFertility is scheduled for Q3 2008.