About this raise

Rayton, the manufacturer of engineered wafers for next-generation electronics, is raising funds on StartEngine. The company uses a patented technology based on particle accelerator to create the wafers that serve as the basis of automotive, solar, aerospace, 5G, and LED industries. Rayton was founded by Andrew Yakub in 2013. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,070,000, will be used to advance the beta phase production at Rayton. The company has already been awarded two patents and is backed by over 4,000 investors. The technology of Rayton is set to revolutionize the semiconductor industry.

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Investment Overview

Invested this round: $1,070,000

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
07/17/2019
Close Date
06/30/2020
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$500

Security Type

Convertible Note

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$50,000,000

Discount

30%

Company & Team

Company

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

Team

Employees
3
Founder Name
Andrew Yakub
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$214,775
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,577,297

$-5,697,767

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$146,166

Accounts Receivable

$0

$0

Total Assets

$1,488,343

$1,732,226

Short-Term Debt

$248,123

$188,761

Long-Term Debt

$576,710

$105,305

Total Liabilities

$824,833

$294,066

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/13/2025 DealMaker Securities $85,914,438 $28,703 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 Solar on StartEngine
Platform: StartEngine
Security Type: Convertible Note
Valuation: $50,000,000

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

Rayton Deal Report

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