Even Realities Secures $150M Funding, Reaches $1B Valuation

WHO:

Techmeme - Even Realities, a startup founded by an ex-Apple team.

TechCrunch - Investors Meituan and Tencent.

WHAT:

Techmeme - Even Realities raised $150M in a pre-Series B funding round.

TechCrunch - Even Realities achieved a valuation of $1B following the funding.

WHERE:

Techmeme - Shenzhen, China, where Even Realities is based.

WHEN:

Techmeme - The funding round was led by Meituan and Tencent.

WHY:

Techmeme - The funding reflects the industry's race to develop smart glasses with advanced features, including cameras and AI assistants.

HOW:

TechCrunch - The funding was secured through a pre-Series B round led by major investors.

(UPDATED July 6, 2026 12:19 UTC)

Even Realities, a startup founded by an ex-Apple team and based in Shenzhen, China, has successfully raised $150 million in a pre-Series B funding round led by investors Meituan and Tencent. This funding has propelled Even Realities to a valuation of $1 billion, highlighting the industry's competitive push to develop advanced smart glasses equipped with features like cameras and AI assistants. The significant investment underscores the growing interest in innovative technologies that enhance user experiences in augmented reality.