Alibaba leads Series C extension for China AR start-up Nreal
Nreal, a Chinese manufacturer of augmented reality (AR) glasses that resemble normal sunglasses, has raised an extended Series C of USD 60m led by Alibaba Group.
The proceeds will be used to increase R&D spending, expand application scenarios, and accelerate market expansion. The company closed a Series C of USD 100m in September 2021 led by Nio Capital, Yunfeng...
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