Calcivis’ £1.5 Million Equity Funding

Burges Salmon has advised Calcivis on the deal.The £1.52 million equity investment was made by Scottish Investment Bank, Archangels and others.

Calcivis has developed a biotechnology-based dental imaging system, which can identify active demineralisation tooth decay at an early stage, allowing dentists to use preventive treatments. The investment will assist with its ambitious growth plan to introduce the CALCiViS® Imaging System to the US market, with the aim of creating a new preventative dentistry segment in the US, which is anticipated to launch in Boston in 2022.

The Burges Salmon team advising Calcivis on the deal was led by partner Danny Lee (Picture) and associate Katie Carter from the firm’s Corporate Finance team.
Involved fees earner: Katie Carter – Burges Salmon; Danny Lee – Burges Salmon; Law Firms: Burges Salmon; Clients: Calcivis Limited;

Author: Giulia Di Palma