# Ray studios

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ray-studios

- Industry: Consumer Services
- Headquarters: Paris, France
- Website: www.ray-studios.com
- Total disclosed funding: $5.5M
- Latest round: Series A (Jun 2, 2024)
- Investors on record: 7

## About

Based in Paris, France, and founded in 2021, Ray Studios Holdings SAS is a tattoo removal studio. In December 2025, Ray Studios Holdings SAS raised EUR 10 million in venture funding co-led by Factory Capital and Nickleby Capital, with participation from Gaingels and individual investors.

The company provides laser and ray spark treatment technology. The firm performs laser tattoo removal by emitting a laser beam of a different wavelength and specifically adapted to each color, which absorbs the pigment of the tattoo and thus fragments the ink into smaller particles, which are gradually evacuated by the body through the lymphatic system.

The organization plans to use the March 2022 funds to scale operations outside of Paris, first adding additional cities across France, then Europe, then Latam, and North America.

In November 2025, Ray Studios Holdings SAS raised EUR 10 million in funding co-led by Factory Capital and Nickleby Capital, with participation from Gaingels. The company will use the funding to accelerate the expansion of its medical tattoo-removal network across Europe.

## Funding rounds

- Series A, Jun 2, 2024, $1.9M — Banque Populaire Rives de Paris, Bpifrance Investissement
- Series A, Feb 26, 2024, $2.9M — True, Gaingels, Nickleby Capital, AirAngels, Kima Ventures
- Seed, Jan 4, 2022, $0.7M — Nickleby Capital

## Investors

- Nickleby Capital (https://capitalatlas.ai/funds/nickleby-capital) — Seed, Series A
- True (https://capitalatlas.ai/funds/true) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- AirAngels (https://capitalatlas.ai/funds/airangels) — Series A
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Series A
- Banque Populaire Rives de Paris — Series A
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series A