Nreal is looking to officially launch its range of augmented reality glasses in China and elsewhere with a new capital infusion from investors includung Nio Capital.
China-based augmented reality (AR) glasses developer Nreal has received $100m in funding from investors including Nio Capital, a venture capital firm formed by electric vehicle manufacturer Nio at a $700m valuation, CNBC reported on Wednesday.
Locally based venture capital firm Sequoia Capital China also contributed to the round alongside undisclosed investors.
Founded in 2017, Nreal has developed a pair of augmented reality glasses that can connect to and control smartphones. Its devices are supported by a 3D user interface system…
