Nreal, the China-based company behind the Nreal Light AR glasses, today announced its secured another $40 million in funding.
As reported by TechCrunch, the latest financing round was led by Chinese video sharing platform Kuaishou, with participation by iQiyi, GP Capital, CCEIF Fund, GL Ventures, and Sequoia Capital China.
This brings the company’s overall funding to $71 million, according to CrunchBase.
Since its penultimate funding round in February 2019, the company has since commercialized it Nreal Light AR headset, which is currently only available in South Korea. The very glasses-shaped headset, which requires a smartphone to drive its visuals, is being bundled with the Samsung Galaxy Note 20 or LG Velvet and a 5G data plan.
In that country it…
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