Manchester-based startup Silveray has raised £4 million in seed funding, led by Northern Gritstone, to advance its digital X-ray film, or DXF, technology for industrial radiography. This investment will help the company finalize its product in preparation for an industrial launch in 2025. Additional investors in this round include ACF Investors, Empirical Ventures, Deeptech Labs and Hamamatsu Ventures.
According to reporting by EU-Startups, Silveray’s technology offers a flexible alternative to traditional rigid radiographic film. It captures X-ray images at the point of use by converting radiation into electrical signals, which are then turned into ink and applied to a bendable surface, similar to a mobile phone screen. This process allows the film to wrap around hard-to-reach areas like tight pipes.
CEO Dan Cathie said in a statement that the company’s primary objective is to modernize the radiographic film process, helping radiographers move beyond outdated workflows. He added that this funding will enable the company to generate revenue and bring its product to market next year.
Silveray also sees potential applications for its technology in other sectors, such as aerospace, where traditional film is still used and access to certain areas remains challenging.