XREAL
PrivateLast Round
IPO Announced
Apr 1, 2026
Est. Valuation
$1B
Total Funding Raised
$306M
Company Overview
XREAL, formerly known as Nreal, is a Chinese company founded in 2017 by Chi Xu. It develops and manufactures consumer-focused augmented reality (AR) and mixed reality (MR) glasses. The company's mission is to make AR technology accessible and user-friendly by packing advanced features into a lightweight, sunglasses-like form factor. XREAL's products, such as the Air and Light series, function as wearable displays that connect to smartphones, computers, and gaming consoles, creating a large virtual screen for media consumption, gaming, and productivity. The company has raised a total of $300 million in funding from investors including Alibaba, Sequoia Capital, and NIO Capital, reaching a valuation of over $1 billion. XREAL holds a significant portion of the global consumer AR glasses market share.
Sector
Consumer & Commerce
Verticals
AR/VR Hardware, Consumer Electronics, AR/VR Experiences, Gaming
Business Model
B2C
Customer Profile
Hardware Sales, Services & Consulting, Freemium
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
XREAL Comps
Public and private peers based on sector, stage, and business model.
XREAL Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO Announced | Apr 1, 2026 | ||||
| Early Funding | Jan 29, 2024 | ||||
| Strategic | Aug 25, 2022 | ||||
| Series C Extension | Mar 30, 2022 | ||||
| Series C | Sep 23, 2021 | ||||
Series B | Sep 4, 2020 |
XREAL Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Hongtai APlus | Series C |
| Shunwei Capital | Series A Extension, Series A |
| GL Ventures | Series B, Series C |
| NIO Capital | Series C |
| 华创资本 | Series A Extension, Series A |
| Yunfeng Capital | Series C |
| HongShan | Series B, Series C |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 2, 2026
Project Helen, a new mass-market product, is in development.
- Apr 1, 2026
Completed an Initial Public Offering.
XREAL Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about XREAL's valuation, stock price, and market status.
