Rayton

Rayton

Growth Stage

Rayton Solar is a California-based solar cell manufacturer with a mission to integrate clean energy into everyday life.

Rayton Solar is a California-based solar cell manufacturer with a mission to integrate clean energy into everyday life.

Overview

Raised to Date: Raised: $37,300

Total Commitments ($USD)

Platform

StartEngine

Start Date

04/09/2019

Close Date

07/01/2019

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$500

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$50,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/29/2019

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$455

# of Investors

29

Momentum
Not Funded
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Year Founded

2013

Industry

Industrial Services

Tech Sector

Hardwaretech

Location

Van Nuys, California

Rayton Solar, with a valuation cap of $50 million, is raising funds on StartEngine. The company is bringing revolutionary changes to the semiconductor industry by producing engineered wafers that can be used in the automative, aerospace, 5G, LED, and solar industries. The wafers are made using patented particle-accelerator-based technology. Rayton Solar was founded by Andrew Yakub. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used for the advancement of the beta phase production. Rayton Solar technology is one of its kind and is positioned to have a substantial impact on many industries.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Rayton 04/28/2024 Wefunder $57,904,986 $612,918 Equity - Preferred Active RegCF
Rayton 12/27/2022 StartEngine $57,729,621 $128,713 Equity - Common Funded RegCF
Rayton 10/26/2021 StartEngine $50,876,569 $2,094,691 Equity - Common Funded RegCF
Rayton 06/29/2020 StartEngine $50,000,000 $1,070,000 Convertible Note Funded RegCF
Rayton 06/30/2019 StartEngine $50,000,000 $37,300 Convertible Note Not Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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Rayton on StartEngine 2019
Platform: StartEngine
Security Type: Convertible Note
Valuation: $50,000,000

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