Devices · 1h ago
Even Realities hits $1B valuation with $150M from Meituan, Tencent
Even Realities, founded by ex-Apple engineers, raised $150M led by Meituan and Tencent at a $1B valuation. The startup makes camera-free smart glasses that display information via a lightweight, prescription-friendly design. The funding signals strong investor interest in privacy-focused wearable tech.
Meridian48 take
The valuation is ambitious for a product yet to prove mass-market appeal, but the backing from Chinese tech giants suggests a strategic bet on AR beyond smartphones.
Read the full reporting
Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent →
TechCrunch
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