South East Angels leads Siloton’s £1M seed round

The Siloton executive team. From left to right: Dr. Euan Allen (CTO), Dr. Alasdair Price (CEO), Dr. Ben Hunt (CCO)

Sussex-based angel investment group South East Angels is proud to announce its recent investment in Siloton - a startup on a mission to leverage the latest advancements in integrated photonics to improve the global population’s health. 

Looking to serve the 25% of over 60’s with age-related macular degeneration, Siloton has developed an at-home diagnostic imaging device that reduces the burden of treatment, alleviating pressure on healthcare systems, while helping patients retain their sight for longer.

Recently named one of the top photonics startups in Europe (Sifted), Siloton’s product combines next-generation hardware with cloud-based digital health tools, enabling clinicians to deliver an unparalleled quality of care to their patients. At the core of the technology is a photonic integrated circuit (PIC), allowing Siloton to compress large, expensive and fragile optical components onto a single piece of material smaller than a £1 coin.

Kristina Pereckaite, Managing Director of South East Angels, says:

“This company sits at the heart of what our group cares about most: creating positive impact, investing in cutting-edge technology, and backing exceptional founders. We’re pleased to have our group leading this round to help propel the company through its next stage of development. We are excited about the positive impact Siloton's technology will have on the health of individuals globally and its ability to make a meaningful difference in healthcare." 

This seed-stage investment positions Siloton to accelerate its groundbreaking innovations that promise to revolutionise the landscape of diagnostic imaging. The recent investment will fuel the development and deployment of Siloton's core product, both at home and abroad, and help realise it’s potential to save the NHS half a billion pounds each year.

Dr. Alasdair Price, CEO of Siloton says:

"South East Angels are a highly-motivated group of investors, whose focus on positive impact through cutting-edge technology makes them the perfect match for Siloton. We're delighted to have them on board and are excited to be working with them going forward."