Even Realities Hits $1B Valuation With $150M Pre-Series B Led by Meituan and Tencent — Camera-Free Smart Glasses Startup Founded by Ex-Apple Watch Engineers
Summary
Shenzhen-based Even Realities raised a $150M pre-Series B led by Meituan and Tencent, crossing the $1B valuation. Founded in 2023 by former Apple engineers including CEO Will Wang (Apple Watch, iPhone), the company skips cameras entirely for privacy, using proprietary Even HAO waveguide optics. Flagship Even G2 launched November 2025 at $599; headcount grew from 30–40 in 2024 to 300–400. Top markets are US, Japan, South Korea, Middle East, and Europe — notably not yet selling in China where it manufactures.
Originally reported by techcrunch.com
Read the original article →Original headline: Even Realities Hits $1B Valuation With $150M Pre-Series B Led by Meituan and Tencent — Camera-Free Smart Glasses Startup Founded by Ex-Apple Watch Engineers