Calculus Capital has invested £2.5m in WheelRight, a tyre monitoring company based in Oxford
WheelRight develops and sells advanced remote tyre monitoring equipment, which measures the pressure within a vehicle’s tyres when the vehicle is driven over a sensor plate.
This system, which is said to be effective regardless of vehicle or tyre type, provides fleet operators and motorists with immediate, accurate tyre pressure information delivered by SMS, visual display or directly into a fleet management system. In addition to tyre pressures, the sensor is capable of weighing a vehicle in motion and analysing load distribution.
WheelRight’s technology is used by the commercial vehicle, bus and wider automotive sectors. Current clients in the UK include the bus company Thamesdown and Stagecoach.