Even Realities

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Even Realities - overview

Established

2023

Location

Kwun Tong, -, Hong Kong SAR - China

Primary Industry

Consumer Products

About

Based in Shenzhen, China, and founded in 2023, Even Realities Ltd. , trading as Even Realities,  is an AI hardware developer, mainly engaged in the R&D, production, and sales of AI smart glasses. The company's team members come from universities such as the University of California, Berkeley (UC Berkeley), the University of California, Los Angeles (UCLA), and Shanghai Jiao Tong University. The company's team members have worked for companies such as Apple, Samsung, and others.


Xiaoyi Wang, the company's founder, was formerly the CPO of JMGO Projector. In July 2026, Even Realities raised USD 150 million in pre-series B funding co-led by Long Z Investment, Meituan, Inc. , and Tencent Investment, with participation from Sequoia China. The company is mainly engaged in the research and development, production, and sales of AR glasses.


Its main product is AR glasses, G1. G1 uses a binocular JBD 0. 13-inch VGA single green Micro LED microdisplay. The company’s revenue is generated by sales of AR glasses and related products.


The company plans to utilize the July 2026 funding to advance its display-first smart glasses technology and support international growth.


Current Investors

CDH Investments, Cyanhill Capital, China Growth Capital

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics, Hardware

Website

www.evenrealities.com

Verticals

Artificial Intelligence, Augmented Reality (AR), Cloud Computing, E-commerce, Mobile Apps, Wearables & Quantified Self

Company Stage

Series A

Total Amount Raised

Subscriber access only

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