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10 Feb 2024

$1B

New Valuation of XREAL, Chinese AR Glasses Manufacturer

XREAL, a Chinese AR glasses manufacturer, [has raised $60 million](https://technode.com/2024/01/31/vision-pro-and-quest-rival-xreal-secures-60-million-to-expand-ar-devices-production-report/) in a new round of strategic financing, reaching a total funding of $300 million. According to a report by 36Kr, this recent investment has propelled the company's valuation over the $1 billion mark, highlighting its growing influence in the AR market.