Rayton Solar on StartEngine

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

Raise to date: $634,836

Reporting Date: 02/23/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

07/17/2019

Stop Date

04/13/2020

Days Remaining

48

Security Type

Convertible Note

Investment Minimum

$500

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

739

% of Minimum Raised

6,348%

% of Maximum Raised

59%

Dollars Per Day to Reach Max

$9,066

DPD* Committed

$2,873

DPD* Category

$0

DPD* All Companies

$1,143

Kingscrowd Momentum

$634,836

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

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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