1st January 2010

Monodraught Limited has acquired Artica Technologies Limited, a company that has in a very short time, gained an enviable reputation for developing highly sustainable ventilation systems.

With the acquisition of Artica Technologies, Monodraught strengthens its position within the low energy ventilation market, building on its success with natural ventilation products and more recently with its COOL-PHASE® low energy ventilation system.

Artica develops intelligent systems for the energy-efficient cooling of buildings. It was founded in 2008 by five students whose different educational backgrounds combined to create the innovative environment that has resulted in the design of an environmentally friendly system for the comfort cooling and ventilation of buildings.

Most recently the business was accepted onto the Carbon Trust’s Entrepreneurs Fast Track which provides a range of specialist services and advice to low carbon start-ups. Carbon Trust, in combination with their service provider E-Synergy, assisted Artica with their commercial and fundraising strategy, including support to the successful acquisition process.

“Starting up a new business is always a difficult process and many pitfalls present themselves along the way. I am sure without the support and guidance of Design London and the Carbon Trust we would not have had such a successful outcome.”

Mathew Holloway one of the Founders of Artica comments.

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