RayNeo Innovation has once again completed a new round of financing in the hundreds of millions.
This round of financing was jointly invested by Huatai Zijin, Yanchuang Group, and other institutions. The funds raised will be used for the technological research and development, mass production, and market promotion of the new generation of consumer-grade AR glasses. Additionally, it will be utilized to drive the development of the AI+AR glasses ecosystem.
Thus far, RayNeo Innovation has completed three rounds of financing in the past year. Major investors include Fosun Chuangfu, Rongyi Investment, Ganbei Fund, Enno Angel Fund, 37 Interactive Entertainment, Runxing Ruihua, Dr. Glasses, Yecao Chuangtou, Hainan Yingtian, and others.
AR glasses, as the optimal hardware carrier for AI technology, have demonstrated unique value and potential in the era of spatial computing, and the inflection point in the industry's development is imminent. As a globally leading consumer-grade AR brand, Raybird Innovation will continue to innovate its technology, bringing users more creative AR experiences.
——RayNeo Innovation Founder and CEO, Li Hongwei
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The consumer-grade AR industry, after many years of development, has reached an initial stage of innovation in the hardware and software foundations of intelligent terminal interactions, with the gradual maturity of upstream components and breakthroughs in AI technology. It is poised to become a new engine for consumer electronics. At the current stage, it stands on the eve of industry eruption, with the potential for hundredfold growth. Raybird Innovation, with its excellent core team and unique dual-product line strategy, has built competitive advantages, demonstrating high investment value and enormous growth potential.
——Fan Xin, General Manager of Huatai Zijin
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With the breakthrough in core technologies of the consumer-grade AR industry and the launch of new products by leading companies, a new wave of innovation in consumer-grade AR products is on the horizon. Incubated within the TCL Group, Rokid Innovation, led by founder Li Hongwei, is a successful serial entrepreneur with clear vision and a comprehensive and keen insight into consumer insights. The founding team possesses rich experience in successful entrepreneurship and has significant advantages in display, system, software, content, development ecosystem, and sales channels, ensuring a strong and sustainable development.
——Guo Chengwei, Vice President of Yan Chuang Group.
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As a leading brand in the consumer-grade AR industry, RayNeo Innovation will continue to innovate in various fields such as product technology, ecology, and channels, promoting the rapid development of consumer-grade AR.
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