# Raythink

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shenzhen, China
- Website: www.raythinktech.com
- Total disclosed funding: $29M
- Latest round: Series A (Nov 25, 2023)
- Investors on record: 8

## About

Based in Shenzhen, China and established in 2019, Raythink is a technology company that focuses on the research and development of vehicle AR display products. In 2019, the company developed an AR-HUD product installed in a simulated cockpit. The company is headquartered in Shenzhen and has R&D centers and software development centers in Changsha, Taipei and Bangalore, India, with more than 150 employees, also received IATF16949 quality management system certification. In November 2023, the firm raised CNY 100 million in series A++ funding.

The company engages in the research and development of vehicle AR display products. Its main products include Tri-Lane AR-HUD and Mono-Lane Plus AR-HUD. The company's AR-HUD system integration can help car owners achieve safe navigation, safe driving, and intersection reminders and other requirements for the SDK of grounding maps and service data.

## Funding rounds

- Series A, Nov 25, 2023, $14M — Qianhai Ark Capital, Suzhou Xiangcheng Fund, Zhonggao Capital
- Series A, Jun 7, 2022, $15M — Chengwei Capital, Liantong Innovation Equity Investment Management
- Series A, Jun 25, 2021 — Oriental Fortune Capital, Plum Ventures, Qianhai Ark Capital, Qingdao weeds venture investment management

## Investors

- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Series A
- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Series A
- Qianhai Ark Capital (https://capitalatlas.ai/funds/qianhai-ark-capital) — Series A
- Qingdao weeds venture investment management (https://capitalatlas.ai/funds/qingdao-weeds-venture-investment-management) — Series A
- Chengwei Capital (https://capitalatlas.ai/funds/chengwei-capital) — Series A
- Liantong Innovation Equity Investment Management (https://capitalatlas.ai/funds/liantong-innovation-equity-investment-management) — Series A
- Suzhou Xiangcheng Fund (https://capitalatlas.ai/funds/suzhou-xiangcheng-fund) — Series A
- Zhonggao Capital (https://capitalatlas.ai/funds/zhonggao-capital) — Series A