Even Realities

Based in China, Even Realities Ltd. , trading as Even Realities, is an optical technology company that engages in the research and development, production, and sales of AR glasses. Based in Shenzhen, China, and founded in 2023, by its co-foudners Will Wang and Jian Ouyang, 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.

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. Even Realities develops smart wearable devices, including the Even G1 and G2 smart glasses and supporting accessories. Its products provide real-time translation, notifications, navigation, teleprompting, AI-assisted experiences, and prescription-compatible displays.

The company focuses on lightweight, privacy-conscious wearable computing solutions for everyday personal and professional use. Revenue is generated primarily through sales of smart glasses and wearable technology products. Additional income comes from premium hardware offerings, consumer electronics distribution, technology innovation, and potentially software-enabled AI experiences integrated within its smart wearable ecosystem serving global customers. The company plans to utilize the July 2026 funding to advance its display-first smart glasses technology and support international growth.