Technology leading health care and health company RayVio corp. announced that the company has been completed by the tracker teck (IPV Capital) and Tsing Capital (Tsing Capital) brought a new round of $26 million in financing. RayVio will use the funds to expand production, in order to meet the demand of water and environmental disinfection by consumers around the world. RayVio strong ultraviolet (UV) LED technology can be used for attractive new health and hygiene products, such as using some drinking water disinfection, and for the global original equipment manufacturer (OEM) partners to create new markets and sources of income.
RayVio chief executive RobertC. Dr Walker said: "too many countries of the consumers are lack of major environmental health from drinking water to health care of latent risk control. RayVio powerful and effective technology can help ward off the threat, make people feel comfortable and safe life. After get the money, we will improve our technology and broaden our partnership, meet the demand of global surge in drinking water and environmental security."
The world more than 3.4 million people die each year from diseases associated with drinking water, one out of every 25 hospital patients with at least one medical related infections. Existing cleaning solutions often ineffective, and uv technology or contain dangerous now mercury, or effect is not enough to achieve safety and sanitation. And RayVio unique UV LED technology can kill bacteria in drinking water, surface and air. It has the characteristics of compact, portable and versatile, and suitable for all kinds of market of various scenarios - from the object surface and air automatic disinfection to the use of water treatment.
Tracker AlexBanh teck, said: "RayVio has been gaining momentum, ready to change the Chinese People's Daily life, the residents of these countries often lack of basic necessities such as safe drinking water and health."
Tsing capital founder and managing partner of ye said: "RayVio mature technology and deep industry specialty is unparalleled. The company will help to achieve an unprecedented consumer disinfection products ecosystem."
DCM Ventures, Capricorn Investment Group, Applied Ventures, Augment Ventures, Tolero Ventures and New Ground Ventures, existing investors followed in this round of financing. The money will let the company to expand its front-end and back-end world-class production capacity, will double the number of employees, and at the same time through research and development continue to achieve its leading product performance roadmap. Companies will also expand its global sales and marketing ability, application support, and distribution channels.
After this round of financing, tracker teck Alex Banh and tsing capital ye will enter the board of directors of the company, contribute their extensive experience in Asian emerging market and technical aspects.
