Rayton (Convertible Notes)

Funding Details
Awarder
StartEngine
Date Award
January 01, 2024
Vertical
Semiconductors
Funding URL
View Funding Page
Valuation
$50,000,000

Company Info
Founding Year
2013
Traction
The company has over 3000 customers and has booked $30 million in revenue. They have an established product and are growing at a rapid clip.
Revenue Amount
$30,000,000
Organizations Involved
StartEngine Capital, LLC
Founders
Andrew Yakub
Company Description
Rayton’s patented particle accelerator technology produces more semiconductor wafers than current industry methods. With a more efficient process, Rayton is able to price their products well below market at a time when the growth of 5G infrastructure, advanced automotive electronics, cellular technology, and more will lead to increased demand for semiconductors.
Market
Technology
Location
Santa Monica, CA, US
Coinvestors
StartEngine Capital, LLC

Links
Back to Home Back to Semiconductors Deals View Funding Announcement