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Chinese AR glasses maker Nreal raises $100M, source says at a $700M valuation, to develop its Nreal Light glasses that connect with smartphones

- Chinese augmented reality (AR) glasses maker Nreal has raised $100 million to fund international expansion, valuing the company at $700 million.

CNBC Arjun Kharpal

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  • @arjunkharpal Arjun Kharpal on x
    EXCL: Chinese augmented reality glasses maker @Nreal valued at $700M after $100M funding, including from the venture arm of EV maker Nio. I chatted to the CEO about expansion plans, a new product next week, and the changing business models of app stores https://www.cnbc.com/...