Rayton

Neutral
BETA

Evolving the Semiconductor Industry

Analytics

Raised to Date: $384,389

Aggregate Commitments $
Platform

StartEngine

Start Date

09/30/2020

Close Date

03/31/2021

Min. Goal

$10,000

Max. Goal

$385,487

Min. Investment

$501

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$50,876,569

Weekly Commitments $
Status

Active

Reporting Date

01/24/2021

Days Remaining

63

% of Min. Goal

3,844%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$3,314

# of Investors

436

Momentum
Location

Van Nuys, California

Industry

Industrial Services

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

Rayton, with a pre-money valuation of $50.9 million, is raising funds on StartEngine. 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. Andrew Yakub founded Rayton in 2013. The proceeds of the current crowdfunding round, with a minimum goal of $9,999.99 and a maximum goal of $186,160.92, will be used to make the final payment on the accelerator, create samples, and prepare to raise more capital. The technology of Rayton will help in reducing the price point and increasing the efficiency of semiconductor wafers.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$800

$800

 

 

Net Income

$-1,176,386

$-2,577,297

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$11,721

$0

Accounts Receivable

$0

$0

Total Assets

$1,509,223

$1,488,343

Short-Term Debt

$681,537

$248,123

Long-Term Debt

$622,852

$0

Total Liabilities

$1,304,389

$824,833

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
03/31/2021 StartEngine $50,876,569 $384,389 Equity - Common Active RegCF
06/30/2020 StartEngine $50,000,000 $1,070,000 Convertible Note Confirmed Closed RegCF

Ratings

last updated 01/26/2021

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