The ultraviolet disinfection technology company raised the cash in a round featuring Applied Materials' corporate venturing arm.
US-based ultraviolet (UV) technology developer RayVio raised $9.3m today in a series B round featuring Applied Ventures, the corporate venturing unit belonging to semiconductor manufacturing equipment maker Applied Materials.
The round also included contributions from Tolero Ventures, Augment Ventures, New Ground Ventures, DCM and Capricorn Investment Group. DCM and Capricorn took part in the round as existing investors.
RayVio produces ultraviolet LED disinfection technology it claims performs up to 10 times better than existing disinfection technology, meaning it could hypothetically…
