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

> **Open Intelligence Dossier** · First detected: 2026-07-06 12:07 UTC · Category: Business

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

## Intelligence Brief
Even Realities has achieved a $1 billion valuation after securing $150 million in pre-Series B funding. The company, founded by a former Apple engineer, develops smart glasses that do not include cameras.


Coverage from TechCrunch, CNBC, Daily Beirut, Tech Funding News, and Mezha highlights the participation of Meituan and Tencent in the financing round. Reports compare the firm's market position to that of Meta, specifically regarding privacy concerns related to camera-equipped hardware.


Future reports will track the company's progress following this valuation milestone. Coverage does not yet specify the timeline for the firm's next product development phases.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| qz.com | Even Realities raises $150M, hits $1B valuation with smart glasses | [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 | [Source Link](https://news.google.com/rss/articles/CBMigAFBVV95cUxPOGNDOXZ1YjQxM3JRUTdJbHlZQW45VW9HeUxrVHdYdGVjRkllNDZtdXg5S1FxcndVTV9leHdqd2FLaTgtZzhTYnVweTZGQzhibEJZZjB4QlY0SFlZZDdmZ0RlY29MdzJhTm5lVDhYOXBOS1NjNFNqejVQazFCUkdmRg?oc=5) |
| GuruFocus | Chinese Smart Glasses Startup Secures $150 Million Funding Round | [Source Link](https://news.google.com/rss/articles/CBMipAFBVV95cUxQM2dlWHp4bnVKVzZFR0FyTzFyNWxrTFFKaUNBcDNDV0xoSWZob0xwSThiMzRsZDVWT1Fid2RQMXhpekFNbTFHVWdYd01SRTNLREs4ZmhaUmVuVVVBSWVXT3F0LVNqYmMtSG9Jd1dHSVZ2Ukw3ZGg0b0JvVkc5RVVFTDlZbFJoSWpIR0JYeWtzckVGektzemROT24taXZTSW9kajdzcA?oc=5) |
| Tech Funding News | Ex-Apple engineer's Even Realities hits unicorn status: Can camera-free glasses outlast Meta's privacy mess? | [Source Link](https://news.google.com/rss/articles/CBMiggFBVV95cUxNX09jdzR6NGllZGZ6Y294SG5Xa2prNWtJYncwWEh6SFVRTkhRcGJZUjA4M0xocDM4OVR3bVQycXVmZUhYLWlxOGEwZVljcHFFRm5XUTRuU2x1OEM1YkpNNnBHVUFuZkhybUwtbnMzLVBKa2taNGVOTWZJZFI2N2x4ZWVB?oc=5) |
| Daily Beirut | Even Realities Hits $1B Valuation with $150M Funding | [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 | [Source Link](https://news.google.com/rss/articles/CBMia0FVX3lxTE1mS0tjRUc4aU95dlllRTJDUVJhMXFwQmQ5LXRZRmtxdmZqSWxJU3p3Zk8zakhRbEVpVjB5cERsWktfX0JxbkowdjZmOThNOXN3ekVCcDB4dXFIc1hQblAwYjlRMWJ5LWNYejJZ?oc=5) |
| CNBC | Apple veteran's Chinese smart-glasses firm becomes unicorn as Tencent, Meituan fund rival to Meta | [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 | [Source Link](https://news.google.com/rss/articles/CBMixwFBVV95cUxPQW8yR0ZFd0hLOVAwWnRIc0JWNDcydk54TkZmTktfMHJVRDlVUVRJS3lQUHJLT1VXbUxwbFhSREZHeWVlcVAtS0N6c0o2TG5ULTNuYXpvSzJ1a3Vod3ZFZ25zaEc1cWppMl9PdUVBSkkzRm8zckhGNXFtNUt0X2plR2phWTd4RTFGNVBIaVJZQ1ktMW91Y19CYUN5SWFRd2VGeW0yZ1lTT1N3YmJEaXg4bTZxTlktSHcyQUlyYmNKejZUeWllQWNv?oc=5) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-07-06/smart-glasses-maker-even-realities-hits-1b-valuation-with-150m-funding-led-by*