# XREAL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xreal

- Industry: Consumer Products
- Headquarters: Beijing, China
- Website: www.xreal.com/us
- Total disclosed funding: $171M
- Latest round: Series C (Sep 23, 2021)
- Investors on record: 14

## About

Based in Beijing, China and founded in 2017, Unicorn (Beijing) Technology Co., Ltd., trading as XREAL, operates as an augmented reality (AR) device developer that provides consumer AR glasses. The company has established cooperation with mobile manufacturers and telecommunication operators such as China Mobile, China Unicom, etc. It built a research and development Center in Wuxi in September 2020. As of 2024, there are more than 400 employees in XREAL. In January 2026, XREAL closed a venture funding.
The company is committed to the research, development, design, and manufacturing of consumer-grade AR glasses such as XREAL Air 2, XREAL X, etc. The flagship XREAL Light MR glasses are lightweight, comfortable, and sport a wide Field of View (FoV), which was first unveiled at 2019's Consumer Electronics Show (CES) in Las Vegas. XREAL has built solutions covering industry, education, culture, tourism, medical and other industries. It also provides software development toolkits for developers. 
The company's revenue is generated by providing consumer AR glasses.

## Funding rounds

- Series C, Sep 23, 2021, $100M — Hong Shan, CPE Funds Management, GP Capital, YF Capital, Hongtai Aplus, NIO Capital, GL Ventures
- Series B, Mar 4, 2021 — China International Capital Corporation
- Series B, Sep 4, 2020, $40M — Hong Shan, GP Capital, iQIYI, Inc., China International Capital Corporation, Beijing Kuaishou Technology Ltd., GL Ventures
- Series B, Mar 4, 2020 — China International Capital Corporation
- Series A, Feb 23, 2019, $16M — China Everbright, iQIYI, Inc., Shunwei Capital, China Growth Capital
- Series A, Jan 7, 2019, $15M — iQIYI, Inc., Shunwei Capital, China Growth Capital, Siasun Robot and Automation, Hongtai Aplus
- Angel, Nov 2, 2017 — Shunwei Capital, Siasun Robot and Automation, Hongtai Aplus

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Angel, Series A
- Siasun Robot and Automation — Angel, Series A
- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Angel, Series A, Series C
- iQIYI, Inc. — Series A, Series B
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series A
- China Everbright (https://capitalatlas.ai/funds/china-everbright) — Series A
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series B
- Hong Shan — Series B, Series C
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series B, Series C
- Beijing Kuaishou Technology Ltd. — Series B
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series B, Series C
- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series C
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series C
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series C