Rayton

Growth Stage
Evolving the Semiconductor Industry
Overview
Raised: $406,889
Total Commitments ($USD)
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/30/2023
Days Remaining
212
% of Min. Goal
814%
% of Max. Goal
9%
Likelihood of Max
Avg. Daily Raise
$2,142
# of Investors
352
Momentum
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Year Founded
2013
Industry
Industrial Services
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
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.
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 |
Financials as of: 03/24/2023
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Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Rayton | 04/29/2024 | Wefunder | $57,904,986 | $406,889 | Equity - Preferred | Active | RegCF |
Rayton | 12/28/2022 | StartEngine | $57,729,621 | $128,713 | Equity - Common | Funded | RegCF |
Rayton | 10/27/2021 | StartEngine | $50,876,569 | $2,094,691 | Equity - Common | Funded | RegCF |
Rayton | 06/30/2020 | StartEngine | $50,000,000 | $1,070,000 | Convertible Note | Funded | RegCF |
Rayton | 07/01/2019 | StartEngine | $50,000,000 | $37,300 | Convertible Note | Not Funded | RegCF |
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