TCL RayNeo announced the completion of B+ and B++ rounds of funding, with a total financing amount of over 500 million CNY in the past six months

On September 25, 2024, TCL RayNeo, a leading consumer AR brand, announced the completion of its B+ and B++ rounds of funding, jointly invested by multiple institutions in Jiaxing and Wuxi.

So far, TCL RayNeo has raised more than 500 million CNY in total in the past six months. The funds will mainly be used for the research and development of AI+AR technology and the expansion of AR production and manufacturing bases, in order to further consolidate and expand the Company's leading position in the consumer AR glasses market and accelerate product popularization and technological innovation.

With its profound accumulation in the field of AI+AR technology, TCL RayNeo is moving at the forefront of the industry at a very fast pace.