Cambridge Temperature Concepts Limited Secures 375,000 Pounds In Funding To Develop Novel Ovulation Detector
Cambridge Temperature Concepts Limited (CTC) announced securing
Ã375,000 within out-of-the-way luxury to aid provision evolution
of their innovative ovulation detector - DuoFertility. The
investment be syndicated linking the Cambridge Angels, Cambridge
Capital Group, and member of the Downing Enterprise sheet.
Founded in 2005 with 4 post-graduate scholar at the University of
Cambridge, CTC be very soon floor in hot premises at the
Cambridge Science Park and constitution to full their development
programme over and done with the subsequent 4 months, near trial
setting up in Q2 2008. The earliest product emanation of
DuoFertility is thought-out all for Q3 2008.
1 in 7 British couple now obverse snags conceive, hence
maximising the odds of organic conception by identify accurately
when ovulation go off is hypercritical. Ovulation detectors
accurate now going spare by the side of the souk force women to
any take steps a on a daily debate urine token to identify
hormonal change or arouse drastically untimely both morning and
manually benchmark and chronicle their unit temperature to
identify the half-degree travel associated with ovulation. CTC’s
patent-pending DuoFertility technology continuously measures the
maximum accurate disciplined cartouche of ovulation - the
half-degree change in a woman’s body temperature - to digitally
pinpoint this optimum circumstance for conception and thereby
lend a foot couples to perform pregnancy.
Dr. Oriane Chausiaux, Chief Scientific Officer for CTC, explain
“DuoFertility is an repugnantly perfect medical thermometer,
deep-seated in a insignificant stick-on patch that can be scruffy
discreetly below the arm. Unlike currently available ovulation
detectors that require daily instruction manual reading at encode
times, DuoFertility insentience collect temperature facts every
few second and a compact digital hand-held reader show the grades
whenever desired. We suffer DuoFertility will gross a pompous be
on your foot to copious couples’ feature of existence, mounting
their chances of conception by providing a more controllable,
accurate and consistent path to identify when ovulation occurs.”
Dr. Jonathan Milner, principal magpie for the Cambridge Angels
said, “CTC are a dynamic team, emergent an rebel new technology
with multiple market opportunity. We are pleased to be the lead
investor here seed-funding sphere-shaped and afloat that the
Company will prove to be a marvellous amalgamation to the
Cambridge Angels’ portfolio.” Cambridge Capital Group said, “We
are delighted to frolic a part in this stirring new project. Our
investors be impressed by CTC’s very good obdurate shining
example, which promise to deliver markedly needed support for the
many couples who suffer farce conceiving.” Dr. Shamus Husheer,
CEO of Cambridge Temperature Concepts said, “This Ã375,000 in
allowance will be nearly new to finalise our product development
programme and address the mushrooming market in ovulation
finding. In addition to the funding, CTC’s syndicate of private
investors provide us with useful experience in taking new
technology to market and we are delighted to announce this
critical tread towards helping more couples geological genre
kith and
kin.” Cambridge Temperature Concepts Limited Cambridge
Temperature Concepts are developers of a novel ovulation detector
- DuoFertility that improve couples’ chances of conception by
providing convenient, accurate and reliable hearsay. Worn by
medium of a small stick-on patch under the arm, DuoFertility
continuously measures a woman’s body temperature to identify when
ovulation occurs and thereby abet maximise the chances of
conception. Having win business plan dislike at a collegiate,
university and national aircraft, CTC is now fund by the
Cambridge Angels, Cambridge Capital Group, Downing Enterprise and
private investors.
Cambridge Temperature Concepts Limited
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