Tech Company Financing Transactions
Nreal Funding Round
On 3/30/2022, Nreal received $60 million in funding from Alibaba Group.
Transaction Overview
Company Name
Announced On
3/30/2022
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Alibaba Group (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
15th Floor, Building 2, AVIC Plaza No. 43 North Third Ring W
Beijing, 100086
China
Beijing, 100086
China
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of Augmented Reality and Mixed Reality technology including smart glasses. The company's glasses sport a wide-screen display and uses SLAM-based environment-understanding AI algorithms, to provide users with an immersive mixed reality experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chi Xu
Co-Founder
Bing Xiao
Browse more venture capital transactions:
Prev: 3/30/2022: My Telescope venture capital transaction
Next: 3/30/2022: Neuron23 venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs