Kuaishou-backed MR Glasses Developer Nreal Raises $40 Million in B1 Round of Financing

Sep 04, 2020, 17:21pm2020/09/04 17:21:34 Ella Cao

The mixed reality (MR) technology company Nreal announced today that it has completed a $40 million B1 round of financing led by Chinese internet media services provider Kuaishou, with Sequoia China, Gimpo Technology Fund, Hillhouse Capital, and China Power China International Capital Fund under China International Capital Capital following the investment, Chinese tech media 36Kr<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> reported. Chineng Capital acted as the exclusive financial advisor.

Up to now, Nreal’s total financing has exceeded $70 million. Historical investors also include Shunwei Capital, China Growth Capital, Everbright New Economy, Terminus, Hongtai Aplus, iQiyi<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder />, and Xinsong Venture Capital, Chinese media 36Kr<img decoding="async" class="trade-card__loading" layout="fixed" height="50" width="50" src="https://assets.pandaily.com/uploads/2021/12/loading.png" placeholder /> reported.

SEE ALSO: Mixed Reality Glasses Developer Nreal Cooperates with LG Uplus to Launch AR Glasses

Established in 2017, the Beijing-based company is dedicated to the development, production, and sale of AR and MR products. In 2019, Nreal released the company’s first consumer MR glasses Nreal Light that can be connected to mobile phones.

We also support Hindi language, do you want change to it?

हम यह भी हिन्दी भाषा का समर्थन है, आप इसे करने के लिए परिवर्तन करना चाहते हैं?

We also support Punjabi language, do you want change to it?

ਸਾਨੂੰ ਇਹ ਵੀ ਪੰਜਾਬੀ ਭਾਸ਼ਾ ਨੂੰ ਸਹਿਯੋਗ ਹੈ, ਤੁਹਾਨੂੰ ਇਸ ਨੂੰ ਕਰਨ ਲਈ ਤਬਦੀਲੀ ਚਾਹੁੰਦੇ ਹੋ?

We also support Bengali language, do you want change to it?

আমরা বাংলা ভাষা সমর্থন, আপনি এটি পরিবর্তন করতে চান?

We also support Burmese language, do you want change to it?

ငါတို့သည်လည်း, မြန်မာဘာသာစကားကိုထောကျပံ့သငျသညျကအပြောင်းအလဲလိုသလဲ

Yes(ဟုတ်ကဲ့)

We also support Nepali language, do you want change to it?

हामी पनि नेपाली भाषा समर्थन, तपाईं यसलाई परिवर्तन गर्न चाहनुहुन्छ?

We also support Tagalog language, do you want change to it?

Sinusuportahan din namin ang Tagalog wika, ang gusto mong pagbabago dito?

We also support Malay language, do you want change to it?

Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya?

We also support Indonesian language, do you want change to it?

Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu?

We also support Thai language, do you want change to it?

นอกจากนี้เรายังสนับสนุนภาษาไทย, คุณต้องการที่เปลี่ยนแปลงไปได้หรือไม่