AR Firm Rokid Secures $110M Round C Funding – Pandaily


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Chinese augmented reality (AR) smart glasses company Rokid recently raised a total of 700 million yuan ($110 million) in round C funding from unnamed investors, mainly earmarked for technology R&D, marketing and green building are.

Founded in 2014, Rokid focuses on computer interaction technology, AR glasses R&D and green construction based on the operating system YodaOS-XR. The company has previously received investments from many top institutions, including Temasek, IDG Capital, Credit Suisse, Haitong Security and Vision Plus Capital.

Through research in speech recognition, natural language processing, computer vision, optical display, computer chips, hardware design and other fields, the company combines cutting-edge Al and AR technologies with industrial applications to effectively enhance user experience. Its Al and AR products have been used in more than 70 countries and regions around the world.

Rokid Glass 2, a foldable AR glasses, weighs 96 grams and lasts up to eight hours. The glasses are equipped with Rokid’s self-developed all-voice operating system, suitable for exhibitions, industrial production, education and other scenarios. With the built-in NPU neural network processing chip, the glasses have strong performance in data processing, image capture and object recognition. With 300,000 images in its database, it can recognize any object in just 0.2 seconds to meet the needs of different scenarios.

SEE ALSO: Lingxi AR Raises Nearly $16B in Round B Funding

In January of this year, XRSPACE, a virtual reality and metaverse pioneer, launched PartyOn, its music-performance metaverse. Available for Pico Neo VR HMD series, Rokid Air AR Glasses series and XRSPACE MANOVA VR HMD, PartyOn brings the music metaverse to where users are. PartyOn for Rokid Air series devices are currently being released in various app stores.


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