Ray: Funding, Investors & Team (Oct 2026)
Ray is a powerbank-sharing service. It operates a portable charging station network, allowing users to rent and return powerbanks across locations.
Ray has raised $1.2M across 1 funding round on record, the most recent a Seed of $1.2M announced in Apr 2026.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Ray Company Profile and Key Stats
Latest funding round on record: Apr 2026.
Ray Funding Rounds
Ray Founders and Leadership Team
No contact details are on record for this team yet.
Ray Funding Compared to Other Energy Startups
Ray's latest round of $1.2M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Ray Funding FAQs
What does Ray do?
Ray is a powerbank-sharing service. It operates a portable charging station network, allowing users to rent and return powerbanks across locations.
How much funding has Ray raised?
Ray has raised $1.2M across 1 round on record. The most recent is a Seed of $1.2M announced in Apr 2026.
When did Ray last raise funding?
Ray's most recent funding round on record is a Seed of $1.2M, announced in Apr 2026.
Who founded Ray?
FundedIQ lists Colin Raney (Founder) at Ray.
Where is Ray headquartered?
Ray is based in Dubai, Dubai, United Arab Emirates.
How many employees does Ray have?
Ray is in the 1-10 employee band.
How does Ray's funding compare to other Energy startups?
Ray's latest round of $1.2M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Ray Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ray is left off this page rather than filled in.
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