13 June 2022
Cook Corporate Acts for Quantum Exponential in Siloton Investment
Cook Corporate Solicitors have represented Quantum Exponential in relation to an investment in Siloton Limited.
Siloton is a technology company that uses quantum techniques and photonic integrated circuits for use in sub-surface optical scanning devices with applications across healthcare, and non-destructive testing. Specifically, Siloton is developing an at-home monitoring service for the 25% of over 60’s with age-related macular degeneration. This service will reduce the burden of treatment and while helping patients retain their sight for longer. Siloton’s service combines a next-generation diagnostic imaging device with cloud-based digital health tools that will enable clinicians to deliver an unparalleled quality of care to their patients.
Quantum Exponential has invested as part of a seed funding round in Siloton and has a holding of 12.79%.
Charles Cook, Managing Partner of Cook Corporate, advised Quantum Exponential on the transaction.