Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent
Even Realities, a company formed by former Apple employees, secured $150 million in funding from Meituan and Tencent, achieving a $1 billion valuation for their camera-free smart glasses project.
MAIN POINTS
- Even Realities is developing camera-free smart glasses.
- The company was founded by a team of former Apple employees.
- They raised $150 million in funding.
- The funding round was led by Meituan and Tencent.
TAKEAWAYS
- Even Realities' innovative approach excludes cameras in their smart glasses.
- The company's valuation reached $1 billion with the latest funding.
- Support from major investors like Meituan and Tencent highlights confidence in their technology.
- The founding team's Apple background may contribute to their strategic vision and product development.