# Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent

> **Newsylist Open Intelligence Dossier** · First detected: 2026-07-06 11:46 UTC · Category: Business · Sources: 10 · Current Velocity: 7.91

## Executive Summary
Smart glasses startup Even Realities has reached unicorn status following a $150 million funding round led by Meituan and Tencent.

## Intelligence Brief
Even Realities, a Chinese smart-glasses firm founded by a former Apple engineer, has achieved a $1 billion valuation. This milestone follows a $150 million pre-Series B funding round led by Meituan and Tencent.


Coverage from TechCrunch, CNBC, and Tech in Asia emphasizes the company's role as a rival to Meta in the smart glasses race. Tech Funding News notes that the company produces camera-free glasses, contrasting this approach with privacy concerns associated with Meta.


Future developments center on the competition within the smart glasses market as Even Realities utilizes its new funding to challenge established players.

## Verified Facts & Key Claims
### How much funding did Even Realities raise?
The company raised $150 million in a pre-Series B round.

### Who led the investment round?
The funding was led by Meituan and Tencent.

### What is the company's current valuation?
Even Realities has reached a $1 billion valuation, achieving unicorn status.

## Key People, Organizations & Locations
Smart, Valuation, Funding, Even Realities, Meituan Tencent, Even Realities Hits, Meituan and Tencent, Meituan

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| qz.com | Even Realities raises $150M, hits $1B valuation with smart glasses | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMikwFBVV95cUxOM3cyU3F2LVo1R09uQ0ZIeVNGVF9OWlJ3dTU1LThJTHNzclQxbGxvemxMeUw2b05iT2FZdXh5LXk2Uzc4TENkTHBmXzUwdTFYYmE4bm9BTktIYlhFb3lEV1J5WkRDc3pSNllDVkJDM3NyN2ZqOHFRSzhsX3pBbTJkMjRjWUdJWUxtNG95QVNOeG1kTjg?oc=5) |
| Business Model Analyst | Even Realities Hits $1B Valuation Betting Against the Camera in Smart Glasses | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMigAFBVV95cUxPOGNDOXZ1YjQxM3JRUTdJbHlZQW45VW9HeUxrVHdYdGVjRkllNDZtdXg5S1FxcndVTV9leHdqd2FLaTgtZzhTYnVweTZGQzhibEJZZjB4QlY0SFlZZDdmZ0RlY29MdzJhTm5lVDhYOXBOS1NjNFNqejVQazFCUkdmRg?oc=5) |
| GuruFocus | Chinese Smart Glasses Startup Secures $150 Million Funding Round | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMipAFBVV95cUxQM2dlWHp4bnVKVzZFR0FyTzFyNWxrTFFKaUNBcDNDV0xoSWZob0xwSThiMzRsZDVWT1Fid2RQMXhpekFNbTFHVWdYd01SRTNLREs4ZmhaUmVuVVVBSWVXT3F0LVNqYmMtSG9Jd1dHSVZ2Ukw3ZGg0b0JvVkc5RVVFTDlZbFJoSWpIR0JYeWtzckVGektzemROT24taXZTSW9kajdzcA?oc=5) |
| Daily Beirut | Even Realities Hits $1B Valuation with $150M Funding | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPNGJ4cmpLYk5xbkVwNUFVYlJ5SUxuSDk2TzJoU1g4Rk5Vb3U5M3RBZ0dWemtZaEpra1pYSWF0TTBrZ0w2QWs1Y3BfUU4zV2ZKcWIxX01sdnJDTERCTEEzR3JNOWFZWjdJcFlBSW1SMkNTVU5IWm00c21mYWd2UXQyWkxjYkNvVGNfeEMxOXpsR3paaHdldEZRSVltZ3cyVHRJOHVPUnlSemdFR1pIdlRMejJlMDU3SmNhdUZPaDdNU0I?oc=5) |
| Межа. Новини України. | Even Realities raised $150 million in pre-Series B led by Meituan and Tencent, reaches $1B valuation | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMia0FVX3lxTE1mS0tjRUc4aU95dlllRTJDUVJhMXFwQmQ5LXRZRmtxdmZqSWxJU3p3Zk8zakhRbEVpVjB5cERsWktfX0JxbkowdjZmOThNOXN3ekVCcDB4dXFIc1hQblAwYjlRMWJ5LWNYejJZ?oc=5) |
| Tech in Asia | Meituan backs smart glasses startup at $1 billion value | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMigwFBVV95cUxNUzNOOF9YU1J1NU1lTU0yWm16RkF0bHZreV9ZWlB6b1JTMTRPNFdlOERvNE91YndyQ0FtcF94aFA1RVA0Q3FFVGYzTmNMQ2UyQVBMcS13YWNjZWNYbUVKNEdDRUI4cjlESXFuYXByYUdQY0Q1OG5hRkJPOWNmUTl3RlJhVQ?oc=5) |
| Techloy | Even Realities Hits $1B Valuation in Smart Glasses Race | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMisAFBVV95cUxNVUJhaXotdmpXUjR1ay1hdGFsTHZIOHRPNDVvaDBzYWxrbnRVcWhINzhWaHFkS295dE9qQkNCRWd3R2ZtWnViak5YNGZIUmJYcWlGWXl0alJRNUNYOW1GRlltbGlPenJwNzlzZ2x6N2lJU25UZ1lobV9JUjQ0MzRwRVVCRlBqcWNZTldyQktfQVhwMzBFRktEQXJKWF9DYnNGNUFwQjl0SmprVTFTczA1eg?oc=5) |
| Tech Funding News | Ex-Apple engineer's Even Realities hits unicorn status: Can camera-free glasses outlast Meta's privacy mess? | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMiggFBVV95cUxNX09jdzR6NGllZGZ6Y294SG5Xa2prNWtJYncwWEh6SFVRTkhRcGJZUjA4M0xocDM4OVR3bVQycXVmZUhYLWlxOGEwZVljcHFFRm5XUTRuU2x1OEM1YkpNNnBHVUFuZkhybUwtbnMzLVBKa2taNGVOTWZJZFI2N2x4ZWVB?oc=5) |
| CNBC | Apple veteran's Chinese smart-glasses firm becomes unicorn as Tencent, Meituan fund rival to Meta | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMioAFBVV95cUxOSEs4V3ZYTzhUMHBKTlh2ZDk0WGlncmFObkxYRGlkVXNZTzBjZzRDOWlLaWJpMkFxQUVYdmMyWmw4RHJxTWhNYjdFQWhnOWlNOFlxY19yemRjLXpMenhJd0xWcVMtUFBTdmdNLUNFQkxWMzBzOHNkdFFrWjZqUjZUVGROZ1pHT3pncUtrNFZ5bThKZDExbmFEOEtqSUhwbURI0gGmAUFVX3lxTE1VRHM4S0NQWWV6aWlXT1RON2pnSnp0SGdoOXlGR2xFekVyRW91Z1YtaHM4NjBjRTQyT182YTBRWHVVN0VUR3M3ZmRuYnU2VW5ocGt6QjBwMldDYkxrbjRqcVNPdm03UFNCMGtNd0Y3R3hUa2NyUEx4NUZCdEdTYXc0cTdUZ1VTTVZYcTdMNVJLMmpPUWMtdU5RX29DOF9yZGtvSlNVWWc?oc=5) |
| TechCrunch | Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent | 2026-07-06 09:00 | [Source Link](https://news.google.com/rss/articles/CBMixwFBVV95cUxPQW8yR0ZFd0hLOVAwWnRIc0JWNDcydk54TkZmTktfMHJVRDlVUVRJS3lQUHJLT1VXbUxwbFhSREZHeWVlcVAtS0N6c0o2TG5ULTNuYXpvSzJ1a3Vod3ZFZ25zaEc1cWppMl9PdUVBSkkzRm8zckhGNXFtNUt0X2plR2phWTd4RTFGNVBIaVJZQ1ktMW91Y19CYUN5SWFRd2VGeW0yZ1lTT1N3YmJEaXg4bTZxTlktSHcyQUlyYmNKejZUeWllQWNv?oc=5) |

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