augment reality Archives

TCL RayNeo Secures First Round of Financing Worth Over $14M

TCL RayNeo, an AR glasses company incubated by TCL Electronics, announced on March 6 that it had successfully completed the first round of financing of over 100 million yuan ($14 million).

VR Device Manufacturer Pimax Secures C1 Round of Financing Worth $28M

Pimax, a well-known VR hardware manufacturer in China, recently completed a C1 round of financing valued at 200 million yuan ($28 million).

TCL RayNeo Unveils Augmented Reality Glasses at CES 2023

TCL RayNeo, an augmented reality startup, announced at CES 2023 its launch of the RayNeo X2 AR smart glasses that harness pioneering binocular full-color Micro-LED optical waveguide displays alongside an array of new interactive features.

Nreal Achieves Mass Production of 100,000 AR Glasses

Augmented reality glasses firm Nreal held a ceremony on December 30 to mark the production of its 100,000th pair of glasses, and to officially announce that it has become the first AR brand in the world to reach this milestone.

Metaverse Jobs on Chinese Recruitment Platform Up 16.6% YoY From January to July

Chinese recruitment platform Zhaopin released its 2022 Talent Development Report on the Metaverse Industry on September 26. The document points out that from January to July, the number of jobs related to the metaverse on the platform increased by 16.6% year-on-year.

AR Tech Firm Nreal Bags $15M in New Funds

Nreal, an augmented reality technology startup, announced on August 25 that it has received strategic investment of $15 million from IICOMBINED, the parent company of South Korean sunglasses brand Gentle Monster.

Metaverse Firm Shadow Creator Reportedly Facing Salary Arrears

Shadow Creator, one of the earliest companies in China to engage in the metaverse field, was reported by social media users on August 23 to be owing wages of more than 200 employees.

Nreal to Return to China After Exploring Overseas Markets

After years of hard work in overseas markets, Nreal, a Chinese AR startup, plans to expand its Chinese market presence and will soon release consumer-grade AR products.

Photos of New AR/VR Controller From ByteDance’s Pico Leaked

As compared to the previous generation of products, Pico's new controllers exhibit major changes in design.

Xiaomi Gains Magnetic AR Glasses Patent, Advancing Metaverse Layout

A magnetic AR glasses patent applied for by a Beijing subsidiary of Xiaomi has been authorized on July 19, apparently marking further progress in the tech giant's metaverse layout.

IDC Predicts China’s AR/VR Market to Exceed $13B in 2026

Research institution IDC recently released the "Worldwide Augmented and Virtual Reality Spending Guide." The report looks forward to the development of the AR and VR market in the next five years from multiple dimensions.

Chinese Startup Nreal to Launch Nreal Air AR Glasses in the UK

Beijing-based tech startup Nreal announced Tuesday that it will soon launch in the UK its core product, the Nreal Air AR glasses, through an exclusive agreement with BT-owned mobile operator EE.

OPPO Announces Patent Related to AR Contact Lens

Guangdong OPPO Mobile Telecommunications Co., Ltd., a communication equipment manufacturer, has recently announced a patent for wearable electronic devices.

AR Tech Firm Nreal Secures $60M in Round C+ Financing Led by Alibaba

Nreal, an augmented reality (AR) technology company, announced on Wednesday that it has completed a round C+ of financing totaling $60 million, led by Alibaba Group.

Lingxi AR Wins Nearly $16B in Round-B Financing

AR optical display technology firm Lingxi AI announced on Wednesday its completion of a B round of financing worth about 100 million yuan ($15.8 million).

Huawei AR Engine Installed 1.1 Billion Times, With Access to Over 2,000 Apps

Li Tengyue, President of Huawei's VR/AR product line, said that the Huawei AR Engine has been installed 1.1 billion times, applied in 106 models and with access to over 2,000 applications.

China VC Weekly: AR, Robots and Bike Sharing

In last week’s VC news, Chinese AR platform provider HiAR raised $42 million in its recent Series C round of financing, German-Chinese robotics firm Agile Robots raked in a whopping $220 million, and more.

Make Mixed Reality for Everyone: Interview with Nreal CEO Xu Chi

Pandaily had the opportunity to sit down with Nreal's CEO and co-founder Xu Chi to discuss his latest innovations and experiences in the mixed reality world.

Commemorative Coupons Issued to Mark Forbidden City’s 600th Anniversary

A set of commemorative coupons was issued jointly to celebrate the 600th anniversary of the Forbidden City, also known as The Palace Museum.

The Good, the Bad and the Ugly: VR in China’s Classrooms

Today in China, VR is concentrated almost exclusively on education. Both on a national and local level, Chinese educators are investing heavily.

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