Rayton

[Closed for Investment] Rayton, with a valuation of $57.9 million, is raising funds on Wefunder. The company uses its patented particle accelerator-based technology to make engineered wafers. The wafers will find their use in next-generation electronics, thus expediting the growth of solar cells, cellular technology, automotive electronics, and 5G infrastructure. The technology of Rayton will help reduce the price point and increase the efficiency of semiconductor wafers. Andrew Yakub founded Rayton in 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4.7 million. The campaign proceeds will be used for marketing, equipment, materials, construction, and operations.

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Investment Overview

Raised this Round: Raised: $676,548

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
03/24/2023
Close Date
04/29/2024
Min. Goal
$50,000
Max. Goal
$4,700,000
Min. Investment

$500

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.35

Early Bird Valuation

$49,632,845

Pre-Money Valuation

$57,904,986

Company & Team

Company

Year Founded
2013
Industry
Industrial Services
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Van Nuys, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Andrew Yakub
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$46,513
 Runway
0 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$2,050

 

 

Net Income

$-558,156

$-642,901

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,011

$575,168

Accounts Receivable

$0

$0

Total Assets

$2,649,148

$2,769,234

Short-Term Debt

$1,047,440

$835,373

Long-Term Debt

$88,192

$9,280

Total Liabilities

$1,135,632

$844,653

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$8,683,312
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/13/2025 Dealmaker Securities $85,914,438 $27,703 Equity - Common Active RegCF
04/29/2024 Wefunder $57,904,986 $676,548 Equity - Preferred Funded RegCF
12/28/2022 StartEngine $57,729,621 $128,713 Equity - Common Funded RegCF
10/27/2021 StartEngine $50,876,569 $2,094,691 Equity - Common Funded RegCF
06/30/2020 StartEngine $50,000,000 $1,070,000 Convertible Note Funded RegCF
07/01/2019 StartEngine $50,000,000 $37,300 Convertible Note Not Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Rayton on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $57,904,986
Price per Share: $0.35

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Warning: according to the close date for this deal, Rayton may no longer be accepting investments.

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