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Medical tech firm secures £6m to fund growth plan

The Journal

January 07, 2026

COUNTY Durham technology company Kromek has sealed a £6m funding deal to back its next phase of growth.

The Sedgefield business, which specialises in medical imaging and radiation detection systems, has secured the multimillion-pound funding from HSBC UK.

Kromek’s products are used in medical diagnostics, civil nuclear operations, border security and defence applications worldwide.

The business has manufacturing and operating facilities at NETPark in Sedgefield and Huddersfield in the UK, and Pennsylvania and California in the US.

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