TechCrunch·3 min read·medium
Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent
K
Kate Park
✦AI Summary
Shenzhen-based startup Even Realities has reached a $1 billion valuation after raising $150 million in funding led by Meituan and Tencent. The company differentiates itself from competitors by focusing on display-first smart glasses that prioritize user privacy by omitting cameras.
Meta and Snap rolled out new smart glasses last month, the latest sign that the industry is racing to put a camera and an AI assistant onto users’ faces. As the fast-growing market heats up, upstarts like Even Realities are muscling in on the giants.
technologybusinessstartups
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in