Even Realities Raises $150M for Camera-Free Smart Glasses
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- Even Realities, a Shenzhen-based startup making smart glasses without cameras, raised a $150M pre-Series B round led by Meituan and Tencent
- The funding lands as Meta and Snap rolled out new smart glasses last month, with the industry described as racing to add cameras and AI assistants to eyewear — the exact features Even Realities is leaving out
Why it matters: Even Realities is making a contrarian camera-free bet in a smart glasses race dominated by Meta and Snap's camera-plus-AI play, and securing $150M from Chinese tech giants Meituan and Tencent gives that alternative approach serious financial backing before a Series B. Both TechCrunch headlines treat the round as a marquee signal — the cross-coverage title pegs the deal at a $1B valuation, marking Even Realities as a notable counter-bet in the category.
