NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Caplight Logo









Shanghai Raypai Photonic Crystal Ltd.

Shanghai Raypai Photonic Crystal Ltd.

Private
ShanghaiFrontier & Industrial Techhttps://raypai.cn/

Last Round

Series B

Extension

Jun 26, 2026

Company Overview

Shanghai Raypai Photonic Crystal Ltd. is a technology company that specializes in the research, development, and production of geometric optical waveguide display modules for augmented reality (AR) applications.

Sector

Frontier & Industrial Tech

Verticals

AR/VR Hardware, Consumer Electronics, Medical Devices

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Infrastructure

Keywords

optical waveguideAR display moduleaugmented reality hardwarenear-eye displaygeometric waveguideAR optics2D pupil expansionsmart glasses componentsAR supply chainoptical manufacturingAR glasseswaveguide displayAR tech

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Shanghai Raypai Photonic Crystal Ltd. Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Shanghai Raypai Photonic Crystal Ltd. Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionJun 26, 2026
VC RoundOct 24, 2025
Series B ExtensionJan 7, 2025
Series BNov 21, 2023
Series A ExtensionOct 26, 2021
Series A
Jan 25, 2021

Shanghai Raypai Photonic Crystal Ltd. Investors

Notable investors and investment history

Shanghai Raypai Photonic Crystal Ltd. Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Shanghai Raypai Photonic Crystal Ltd. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Shanghai Raypai Photonic Crystal Ltd.'s valuation, stock price, and market status.

Firmographic Details

HeadquartersShanghai
Employee Range3
Year Founded2012
Last FundingJun 26, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.