Even Realities has raised $150 million in a Pre-B round reportedly led by Meituan and Tencent, bringing its valuation to $1 billion.
This Shenzhen-based startup makes smart glasses without cameras, putting it in direct competition with Meta’s Ray-Ban models, which have raised privacy concerns.
More than half of its users and about 80% of its developer community are based in the United States, the company said.
In 2026, Meta’s smart glasses came under scrutiny after reports that contractors viewed footage from users’ private spaces. Even Realities takes a different approach by leaving cameras out of its glasses.
The company just raised $150 million from Meituan and Tencent, bringing its valuation to $1 billion.
