# Raytech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/raytech

- Industry: Software
- Headquarters: Shanghai, China
- Latest round: Series A (Nov 9, 2023)
- Investors on record: 2

## About

Established in 2021 and based in Shanghai, China, Raytech is an industrial simulation CAE software development company. The company's products cover acoustics, optics and other fields, and the team has engineering experience in core solver algorithms. Meanwhile, the company has established cooperative relationships with some Chinese research institutes in the fields of acoustics, optics and fluids. In November 2023, it closed a round of series A funding.

The company's products are primarily CAE software covering acoustics (ASIM), optics (OASIS), fluids (VENUS), structures (DYSIM), electromagnetism (RAYSEN), composites (ASTER) basic discipline simulation scenarios and multidisciplinary design space exploration (PHUSIS) products. Technically, the company has self-developed modeling and pre-processing engines, core solvers and general-purpose post-processing rendering engines. At present, the company's CAE software products are mainly used in high-end manufacturing industries such as aerospace, ship and automobile.

The company will use the series A funding raised in November 2023 to accelerate the development of each module of its proprietary CAE software for productization.

## Funding rounds

- Series A, Nov 9, 2023 — Richen Capital, Zhangjiang Science & Technology Venture Capital

## Investors

- Richen Capital (https://capitalatlas.ai/funds/richen-capital) — Series A
- Zhangjiang Science & Technology Venture Capital (https://capitalatlas.ai/funds/zhangjiang-science-technology-venture-capital) — Series A