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AR glasses maker Xreal secures $60M and prepares for production ramp-up
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AR glasses maker Xreal secures $60M and prepares for production ramp-up

AR glasses maker Xreal has secured $60 million in a confidential strategic funding round, bringing its total fundraising to $300 million. The new funds will be used for research, development, and factory expansion to increase production of its AR glasses. Previous investors include Alibaba, Nio Capital, Sequoia, Kuaishou and Gentle Monster. In January, Xreal announced that it had shipped 350,000 pairs of AR glasses and introduced the Xreal Air 2 Ultra as a competitor to the Apple Vision Pro and Meta Quest 3. Priced at $699, the Xreal Air 2 Ultra is available for pre-order and will begin shipping in March.

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Samsung files trademark for
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Samsung files trademark for "Samsung Glasses" in the UK

Samsung Electronics has filed a trademark application for "Samsung Glasses" in the United Kingdom, according to the Intellectual Property Office section of the UK government's official website. The product categories covered by the trademark include virtual reality headsets, augmented reality headsets, headphones, smartphones, and smart glasses. The exact nature of Samsung Glasses remains unclear. Given the name, it's most likely to be the AR smart glasses that Samsung unveiled at CES in January 2020. But at this point this is just speculation until there is an official announcement from Samsung.

Intellectual Property Office
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