# Rayneo Technology

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

- Industry: Consumer Products
- Headquarters: Shenzhen, China
- Website: www.rayneo.cn
- Latest round: Series D (Dec 25, 2025)
- Investors on record: 11

## About

Based in Shenzhen, China and founded in 2021, Rayneo Innovation Technology (Shenzhen) Co., Ltd., trading as Rayneo Technology, is an AR glasses developer that provides AR glasses and related products. The company released its first microLED light-guided AR glasses in October 2021 and cooperated with eSports club EDG in November. It acquired the Most Innovative Product Award from IDG for its self-developed XR glasses in January 2022 during CES 2022. Rayneo Technology has 56 related patents, including 54 invention patents. Its core team comes from Tencent, DJI, Meta, OPPO and Aiki. In December 2025, Rayneo Technology raised a series D+ funding from new investors Moutai(Guizhou) Investment Management, China Mobile Communications Group and other investors.
Rayneo Technology provides AR products. Its products include MicroLED holographic light waveguide AR glasses-Thunderbird smart glasses pioneer edition, AR glasses Thunderbird X2, Thunderbird Air 2, Switch gaming partner JoyDock, etc. The products feature polarized BirdBath optical solutions and Sony Micro OLED display technology, including its own ultra-compact, full-color light engine technology and has functions such as message alerts, photo sharing, home-wise control and car mirror linkage.
The company generates revenue by developing and providing MicroLED holographic optical waveguide AR glasses. 
The series D+ funding will be used to accelerate product development, market expansion, and ecosystem building, further solidifying its leading position in the consumer AR field.

## Funding rounds

- Series D, Dec 25, 2025 — Moutai(Guizhou) Investment Management, China Mobile Communications Group
- Series C, Nov 7, 2025 — CITIC Goldstone Fund Management, CITIC Securities, CITIC Agriculture
- Series C, Aug 8, 2025 — Jolmo Capital
- Series C, May 26, 2025 — Trust Venture Capital
- Series B, Sep 25, 2024 — Huihe Capital, Nanhu Financial Capital, Wuxi Huishan Sci-Tech Industry Group, Jiaxing Nanhu District New Venture Capital
- Series B, Aug 27, 2024 — Nanhu Financial Capital

## Investors

- Nanhu Financial Capital (https://capitalatlas.ai/funds/nanhu-financial-capital) — Series B
- Huihe Capital — Series B
- Wuxi Huishan Sci-Tech Industry Group — Series B
- Jiaxing Nanhu District New Venture Capital (https://capitalatlas.ai/funds/jiaxing-nanhu-district-new-venture-capital) — Series B
- Trust Venture Capital (https://capitalatlas.ai/funds/trust-venture-capital) — Series C
- Jolmo Capital (https://capitalatlas.ai/funds/jolmo-capital) — Series C
- CITIC Goldstone Fund Management (https://capitalatlas.ai/funds/citic-goldstone-fund-management) — Series C
- CITIC Securities — Series C
- CITIC Agriculture (https://capitalatlas.ai/funds/citic-agriculture) — Series C
- Moutai(Guizhou) Investment Management (https://capitalatlas.ai/funds/moutai-guizhou-investment-management) — Series D
- China Mobile Communications Group — Series D