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RayVio
RayVio is an advanced health and hygiene company that delivers clean water and environments
About RayVio
RayVio Corporation operated as a specialized health and hygiene company focused on developing and manufacturing ultraviolet (UV) LED technology. Founded in 2012 by Dr. Robert C. Walker, Yitao Liao, Theodore Moustakas, and Milan Minsky, the company aimed to provide solutions for water and environmental disinfection. The foundational technology stemmed from the doctoral thesis of co-founder Yitao Liao, which focused on enhancing the efficiency and affordability of UV LED technology. RayVio was headquartered in Hayward, California, and is now out of business. The company's business model centered on supplying its patented UV LED components to original equipment manufacturer (OEM) partners. These partners would then integrate RayVio's technology into a new generation of health and hygiene products. RayVio's primary market was the disinfection sector, targeting applications in water purification, air and surface disinfection, healthcare, and consumer products. Over its lifespan, the company raised a total of $35.3 million in funding over three rounds from investors including IPV Capital, Tsing Capital, DCM Ventures, and Capricorn Investment Group. RayVio's core product was a series of powerful and compact UV LEDs. A key product line, the XP Series, was capable of delivering 60mW of UV light, a benchmark performance that enabled sterilization of flowing water and medical instruments without using traditional mercury lamps. Another product line, the XE Series, offered medium-power UV LEDs in a compact 3535 package for high-volume consumer applications like disinfection and phototherapy. These UV LEDs operated in the 280 to 290-nanometer wavelength range, which deactivates the DNA of pathogens like bacteria and viruses. This technology was positioned as a chemical-free and mercury-free solution for on-demand disinfection in products such as self-disinfecting water bottles, humidifiers, and hospital surface cleaners. The company's technology was distributed globally through partners like Digi-Key Electronics. A significant event in the company's history was a patent infringement lawsuit won by Nitride Semiconductor in January 2020, which declared that RayVio had infringed on Nitride's patent. According to PitchBook, the company underwent liquidation in June 2019. Keywords: UV LED, ultraviolet disinfection, water purification, surface disinfection, health and hygiene technology, semiconductor, OEM components, UV-C LED, germicidal irradiation, pathogen deactivation, clean water technology, point-of-use disinfection, mercury-free sterilization, LED manufacturing, environmental hygiene, healthcare disinfection, consumer health products, advanced materials, solid-state lighting, microbial inactivation
Source: Dealroom company dataAt a glance
- Status
- Closed
- Founded
- 2012
- Headquarters
- Hayward, United States
- Employees
- 2
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Sector
- Home Living, Appliances, Sustainable Development Goals, Wearable, Climate Tech, Hard Tech, DT and LS, science-based
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Computer Vision, Connected Device
- Business model
- Manufacturing
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning RayVio.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Dec 2017 | — | — | Bascom Ventures | — |
| SERIES C✓Equity / VC | Apr 2016 | $26M | $104M | IPV Capital · DCM · Tsing Capital · Capricorn Investment Group | — |
Growth signals
Latest recorded traffic for RayVio is 230 monthly website visits, down 91.5% over the last three months. RayVio's team declined 66.7% over the past year.
Similar companies
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
DCM
Capricorn Investment Group- TVTolero Ventures
Applied Ventures
New Ground Ventures
Augment Ventures
Series B and later3 investors entered at this stage
IPV Capital- TCTsing Capital
Bascom Ventures
Other known investors1 additional known investor
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about RayVio on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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