Even Realities

Summary active Updated Jul 6, 2026

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Location Shenzhen, China
Founded 2023
Latest Stage Pre-Series B
Total Raised $150M+
Website https://www.evenrealities.com
Sector
consumer-hardware wearables ar-vr smart-glasses ai

About

Even Realities is a Shenzhen-based consumer hardware company founded in 2023 by ex-Apple engineers to build display-first smart glasses. CEO Will Wang previously worked on Apple Watch and iPhone; co-founders came from tech and luxury eyewear firms including Lindberg. The company launched its first product, the G1, in 2024 and its flagship Even G2 in November 2025 — the G2 pairs with a companion “Even R1” smart ring and beams navigation, translation, and notifications directly into the wearer’s line of sight through waveguide optics, deliberately omitting cameras to emphasize privacy 123.

Funding History

Date Round Amount Lead Co-investors
2026-07-06 Pre-Series B $150M Meituan Tencent (returning), Sequoia China (returning) 123

The round values Even Realities at $1 billion, minting a new AR/smart-glasses unicorn. Proceeds will fund next-generation platform development, deeper AI integration, and global expansion 12.

What Investors Say

No independently sourced investor quotes incorporated at this time.

What Founders Say

Will Wang, founder and CEO, told TechCrunch that while rivals chase camera-equipped devices built around content capture and AI, Even Realities is “betting on display-first glasses that beam information straight into the wearer’s line of sight without giving up privacy” 1.

Sources

  1. TechCrunch, “Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent,” July 6, 2026. Accessed July 2026. https://techcrunch.com/2026/07/06/smart-glasses-maker-even-realities-hits-1b-valuation-with-150m-funding-led-by-meituan-tencent/↩↩↩↩

  2. CNBC, “Apple veteran’s Chinese smart-glasses firm becomes unicorn as Tencent, Meituan fund rival to Meta,” July 6, 2026. Accessed July 2026. https://www.cnbc.com/2026/07/06/apple-veteran-takes-on-meta-with-1-billion-smart-glasses-maker.html↩↩↩

  3. Tech Funding News, “Ex-Apple engineer’s Even Realities hits unicorn status: Can camera-free glasses outlast Meta’s privacy mess?,” July 6, 2026. Accessed July 2026. https://techfundingnews.com/even-realities-1b-valuation-camera-free-glasses/↩↩