About Silveray
Silveray is a company based in Stockport (United Kingdom) founded in 2018 by Ravi Pradip Silva and Dan Cathie.. Silveray has raised $7.48 million across 3 funding rounds from investors including Syndicate Room, UK Research and Innovation and Hamamatsu Photonics. Silveray offers products and services including DXF and NPX Semiconductor Ink. Silveray operates in a competitive market with competitors including Lucerno Dynamics, Quality Electrodynamics, BioProtect, EXACT Therapeutics and CareRay Digital Medical Systems, among others.
- Headquarter Stockport, United Kingdom
- Founders Ravi Pradip Silva, Dan Cathie
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.48 M (USD)
in 3 rounds
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Latest Funding Round
$5.05 M (USD), Seed
Nov 18, 2024
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Investors
Syndicate Room
& 10 more
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Employee Count
Employee Count
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Products & Services of Silveray
Silveray offers a comprehensive portfolio of products and services, including DXF and NPX Semiconductor Ink. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flexible detector for efficient X-ray inspection of pipes and surfaces
X-ray sensitive ink for creating thin, cost-effective detectors
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Funding Insights of Silveray
Silveray has successfully raised a total of $7.48M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $5.05 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $5.0M
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First Round
First Round
(12 Oct 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - Silveray | Valuation | Northern Gritstone | |
| Mar, 2023 | Amount | Seed - Silveray | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - Silveray | Valuation | UK Innovation Science & Seed Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Silveray
Silveray has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Syndicate Room, UK Research and Innovation and Hamamatsu Photonics. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focused on investing in science and technology firms
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Founded Year | Domain | Location | |
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Venture capital firm focused on angel investments
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Founded Year | Domain | Location | |
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Investing in early-stage deep-tech ventures in Europe with a focus on scientific innovations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Silveray
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Silveray
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Silveray Comparisons
Competitors of Silveray
Silveray operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lucerno Dynamics, Quality Electrodynamics, BioProtect, EXACT Therapeutics and CareRay Digital Medical Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Imaging technology for radiotracer quality assessment is developed.
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| domain | founded_year | HQ Location |
Magnetic resonance equipment and accessories for clinical diagnosis
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| domain | founded_year | HQ Location |
Radiation protection technology is developed for prostate cancer radiotherapy.
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| domain | founded_year | HQ Location |
Sonoporation platform is provided for diagnosing multiple diseases.
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| domain | founded_year | HQ Location |
Imaging X-Ray panel detectors for medical and industrial applications
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Silveray
Frequently Asked Questions about Silveray
When was Silveray founded?
Silveray was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Silveray located?
Silveray is headquartered in Stockport, United Kingdom. It is registered at Stockport, Greater Manchester, United Kingdom.
Who is the current CEO of Silveray?
Dan Cathie is the current CEO of Silveray. They have also founded this company.
Is Silveray a funded company?
Silveray is a funded company, having raised a total of $7.48M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.43M, raised on Oct 12, 2022.
What does Silveray do?
Silveray was established in 2018 and is based in Stockport, United Kingdom. X-ray detector technology with high efficiency is developed and supplied for use in healthcare diagnostics, industrial inspections, and security screening. Operations center on creating solutions that support precise imaging and detection across these sectors. The companys focus remains on technological advancements tailored to practical applications in these fields.
Who are the top competitors of Silveray?
Silveray's top competitors include BioProtect, CQ Medical and EXACT Therapeutics.
What products or services does Silveray offer?
Silveray offers DXF and NPX Semiconductor Ink.
Who are Silveray's investors?
Silveray has 11 investors. Key investors include Syndicate Room, UK Research and Innovation, Hamamatsu Photonics, European Investment Fund, and Cambridge Angels.
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