Tech Company Financing Transactions
Silveray Funding Round
On 10/12/2022, Silveray announced $2.5 million in Seed investment from UK Innovation & Science Seed Fund, ACF Investors and Cambridge Angels.
Transaction Overview
Company Name
Announced On
10/12/2022
Transaction Type
Venture Equity
Amount
$2,470,000
Round
Seed
Investors
UK Innovation & Science Seed Fund (Lead Investor)
ACF Investors (Sam Fennell)
Proceeds Purpose
It will use to move to a dedicated location in Greater Manchester from its current base at the University of Surrey. The funds will also help Silveray grow its team and start product development.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Unit F8 (5th floor) Pear Mill Industrial Estate Stockport Ro
Stockport, SK6 2BP
UK
Stockport, SK6 2BP
UK
Phone
Undisclosed
Website
Email Address
Overview
The company is a spin-out from the Advanced Technology Institute (ATI), a world-leading research centre at Surrey University bringing together researchers with an international outlook in quantum information, nanotechnology, energy, and advanced materials. Prof Ravi Silva CBE founded the company in 2018 and successfully raised pre-seed funding in 2019 to research & validate the core innovation further.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Cathie
Chief Technical Officer
Stephen Whitelegg
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