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Shanghai Raypai Photonic Crystal Ltd.

Shanghai Raypai Photonic Crystal Ltd.

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

Last Round

Series B

Extension

Jun 26, 2026

Momentum

Top 25%

of companies Caplight tracks

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

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Caplight Momentum Score

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Shanghai Raypai Photonic Crystal Ltd. Comparables

Compare Shanghai Raypai Photonic Crystal Ltd. with similar companies based on industry and business-model similarity.

Shanghai Raypai Photonic Crystal Ltd. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lingxi-AR Technology Co., Ltd.
89%
Shenzhen Lochn Optics Technology Co., Ltd.
88%
Beijing NED+AR Display Technology
86%

Shanghai Raypai Photonic Crystal Ltd. Funding Rounds

Historical fundraising activity

Data table
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. investors
InvestorRounds
V FundSeries A
Agricultural Bank of China InternationalSeries B
创业接力 (Chuangye Jieli)Series A Extension
Co-Win VenturesSeries A
Shenzhen Guozhong Venture Capital ManagementSeries B Extension
Country Garden Ventures CapitalSeries A Extension
广发乾和投资有限公司Series A Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 26, 2026

    Shenzhen Guozhong Venture Capital Management participated in the round.

  • Oct 26, 2021

    Led by 广发乾和投资有限公司 with participation from Country Garden Ventures Capital.

Shanghai Raypai Photonic Crystal Ltd. Filings

SEC and related filings with document metadata.

Data table
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Shanghai Raypai Photonic Crystal Ltd. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersShanghai
Employee Range3
Year Founded2012
Last FundingJun 26, 2026

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