Hamamatsu Ventures is the corporate venture capital arm of Hamamatsu Photonics, investing in startups with new applications and cutting-edge technologies.
Northern Gritstone led the seed extension round, which included participation from ACF Investors, Empirical Ventures, Deeptech Labs, and Hamamatsu Ventures.
"The progress made by the Silveray team since our initial investment in 2023 has been phenomenal. Dan Cathie and his team have the enviable combination of innovation and entrepreneurialism having developed a novel digital x-ray solution with numerous applications which are already disrupting the analogue x-ray market. We are delighted to continue our support of Silveray as it builds its commercial traction, helping the team on its path to success."
The strategic backing from Hamamatsu Ventures will support international expansion and technological development.
"This collaboration marks the beginning of an exciting new chapter for us, especially as we expand into the Japanese and Asia markets. Hamamatsu’s support has also been invaluable in our recently established U.S. operation, where their network has been helping us establish critical connections to scale our business."
