Funded Tech Companies

Ray

Based in Dubai, Ray is venture-backed, with investment from private investors.

Company Overview

Company Name
Ray
Company Status
Private & Independent
Funding Rounds

Contact Information

Mailing Address
P1 Block R Saih Shuaib 2
Dubai, Undisclosed
United Arab Emirates
Phone
Undisclosed
Email Address

Company Background Information

Overview
Stingray is the first power bank sharing network in Dubai with Tap-to-Pay and 27W fast charging. We help restaurants, cafés, hotels, and venues increase guest satisfaction and dwell time by providing on-demand charging stations. Guests can easily rent a portable power bank via contactless card payments (Apple Pay, Google Pay, credit/debit) or mobile app -- even if their phone is fully discharged. Our stations feature high-capacity 8,000 mAh / 27W fast-charging power banks, offering up to 50% faster charging than standard solutions. Installation for venues is free, with a revenue-share model that drives incremental income. Stingray is scaling from Dubai across the GCC, building the region's first unified network of shared portable power -- combining technology, hospitality, and convenience.
Profile
Ray LinkedIn Company Profile
Social Media
Ray Company Twitter Account
Company News
Ray News
Facebook
Ray on Facebook
YouTube
Ray on YouTube
Last Transaction
4/20/2026

Financing History

Date
Type
Amount
Venture Equity
$1,200,000


Management Team

Title
Name
Email & Social
Chief Executive Officer
Igor Kosolap
  Igor Kosolap LinkedIn Profile  Igor Kosolap Twitter Account  Igor Kosolap News  Igor Kosolap on Facebook
Founder
Roman Averianov
  Roman Averianov LinkedIn Profile  Roman Averianov Twitter Account  Roman Averianov News  Roman Averianov on Facebook


Company Investors

  • Private Investors (Meirambek Abelkasov)
  • Private Investors (Serik Uspanov)

 

 

 

Browse more funded tech companies:

Raxio Data Centres | Ray Flame Entertainment

 

Share this article

 


About Our VC Transaction Database

Our data comes from VentureDeal.com, a leading provider of venture capital transaction data.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary