Even Realities has raised $150 million in a pre-B round led by Meituan and Tencent, lifting its valuation to $1 billion as it challenges Meta with camera-free smart glasses.

Even Realities, an ex-Apple team building camera-free smart glasses, raised $150M from Meituan and Tencent at a $1B valuation.

The Shenzhen-based startup joined a slew of global peers to build advanced gadgets and electronics that bring the benefits of AI to individual users.