# Magicast Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/magicast-technology-co

- Industry: Consumer Products
- Headquarters: Beijing, China
- Website: www.magicast.cn
- Latest round: Angel (Feb 16, 2017)
- Investors on record: 3

## About

Based in Beijing, China and established in 2016, Magicast Technology Co., Ltd. is an artificial technology company that provides a mixed reality AI platform, including an image tracking system and spatial localization algorithm system. The company released the MorphoMR® Smart Glasses Prototype in 2018 and was recognized as a national high-tech enterprise in 2019. The company's core team comes from aigo, Foxconn, Fesco, Eurotel.

The company's main business is the development of mixed-reality AI system platforms and smart glasses that integrate advanced near-eye display optical technologies like NEDOptic. The company's self-developed MorphoMR® system leverages DepthBrain® MPU AI computing units and Dicoria® depth perception arrays.

The company generates revenue by providing MR/AR/VR system solutions and AI computing units for various industries.

## Funding rounds

- Angel, Feb 16, 2017 — SAIF Partners, Liyuan Venture Capital, Huadan Angel Investment

## Investors

- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Angel
- Liyuan Venture Capital (https://capitalatlas.ai/funds/liyuan-venture-capital) — Angel
- Huadan Angel Investment (https://capitalatlas.ai/funds/huadan-angel-investment) — Angel