Calculus Capital Ltd.
Venture capitalLondon · Seed–Late Stage · 24 people tracked
Also known as Mcdonald Glencross Limited · Mcdonald-Glencross Limited
Investment thesis
Calculus is a long-standing UK manager focused on tax-advantaged investing through EIS funds and VCTs, backing EIS and VCT qualifying companies since launching the first UK approved EIS fund in 1999. It runs a generalist EIS fund annually and multiple VCT share issues, and in 2022 launched a Knowledge Intensive EIS Fund. Its approach emphasises capital appreciation, a diligent investment and monitoring process, and a track record of profitable exits. In January 2026 it added the Calculus Inheritance Tax Solution, providing secured loans for film and TV productions.
Source: firm website, verified Aug 3, 2026.
Team · 24 people
from the firm's website & public directoriesWhat they invest in
from 2 of 39 portfolio companiesBiotech ×2Cleantech ×1Deep Tech ×1Healthtech ×1Medical Devices ×1
HQs:United States×1
Investments · 39 tracked
founders shown can be your intro pathEnsiliTech develops ensilication technology, a silica-based method to stabilise vaccines and biopharmaceuticals so they can be stored and transported without refrigeration.
BiotechCleantechDeep TechHealthtechMedical Devices
Asel Sartbaeva(Co-Founder & CEO)Matt Slade(Co-Founder & Chief of Staff)Stephen Wells(Co-Founder & Advisor)Aswin Doekhie(Co-Founder & CTO)Sabine Ficek(CFO)Simon Bennett(Chief Commercial Officer)
An end-to-end mortgage and protection platform that automates the mortgage process and integrates brokers, estate agents, homebuyers and lenders.
BiotechDallas, US
John H, Stevens(Director)Erich Spangenberg(Director)J. Michael DiMaio(Executive Officer, Director)
Supplies machines and supplies that kill weeds without using herbicides.
Principals & officers · per Companies House
what is this? ⓘDirector · British · since 1999
Director · American · since 1999
Director · British · since 2022
Calculus Holdings Limited — 75–100% of shares, 75–100% of voting rights, right to appoint and remove directors
Frequently asked questions
- What stage does Calculus Capital Ltd. invest at?
- Calculus Capital Ltd. invests at the Seed, Series A, Series B, Series C, Late Stage stages.
- What is Calculus Capital Ltd.'s typical check size?
- Calculus Capital Ltd. typically writes checks of $2.5M.
- What sectors does Calculus Capital Ltd. focus on?
- Calculus Capital Ltd. focuses on Biotech, Data & Infrastructure, Enterprise Software, Fintech, Healthtech, IoT, Media & Entertainment, Medical Devices, SaaS, Sector Agnostic.
- Where is Calculus Capital Ltd. located?
- Calculus Capital Ltd. is headquartered in London, GB.
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