Where is Even Realities headquartered?

Even Realities is headquartered in Shenzhen, China. The company has a team of 101-500 people.

When was Even Realities founded?

Even Realities was founded in 2023. It is based in Shenzhen, China.

Who is the CEO of Even Realities?

Will Wang (Wang Xiaoyi) is the CEO of Even Realities. The company was founded in 2023.

Where is Even Realities located?

Even Realities is headquartered in Shenzhen, China.

What funding stage is Even Realities at?

Even Realities is currently at the Growth Stage stage.

How many employees does Even Realities have?

Even Realities has approximately 101-500 employees.

Even Realities

Category: AI in Hardware

Display-first, camera-free smart glasses maker pioneering privacy-preserving AI wearables with proprietary holographic optics. Even Realities was founded in 2023. The company is led by Will Wang (Wang Xiaoyi). Based in Shenzhen, China. Team size: 101-500. Total funding raised: $159M. Latest round: Series B. Key investors include Meituan, Tencent, Sequoia China, CDH Investment, Monolith Management, CVC Capital, Cyanhill Capital, Unicorn Capital Partners (Hong Kong), Beyond Capital (Chengdu), China Growth Capital.

Founded: 2023
Headquarters: Shenzhen, China
Team size: 101-500
Total funding: $159M

Value proposition

Privacy-first, display-only smart glasses with no camera — users get heads-up information overlays (teleprompt, real-time translation, navigation, AI conversation copilot) without sacrificing privacy or eye contact. Combines luxury eyewear aesthetics with proprietary optical technology.

Products and solutions

Even G1 (2024, first-gen display smart glasses), Even G2 (Nov 2025, second-gen with larger micro-LED display, contextual AI prompts), Even R1 (smart ring controller with health tracking), Even Hub (open app store for smart glasses launched 2025)

Unique value

"The only smart glasses that prioritizes what you see over what you capture" — camera-free design with HAO (Holistic Adaptive Optics) display technology, invisible HUD, and AI that enhances conversations rather than recording them.

Target customer

Male professionals aged 30-50 (~1/3 company executives); power users in public speaking, negotiations, multilingual communication; early adopters in US, Japan, South Korea, Middle East, and Europe

Industries served

Enterprise productivity, public speaking/presentations, multilingual communication, professional networking, accessibility (deaf/hard-of-hearing community)

Technology advantage

Proprietary HAO (Holistic Adaptive Optics) system — end-to-end integration of microchip design, waveguide optics, and prescription lens support. Dual Micro-LED display system with 75% larger display than G1. All data encrypted, zero audio/image recording, Europe GDPR-compliant privacy infrastructure. Over 41 patents.

How they differentiate

1) No camera — privacy-by-design philosophy vs Meta/Ray-Ban camera-first approach; 2) Proprietary HAO (Holistic Adaptive Optics) system integrating microchip, waveguide, and prescription lenses end-to-end; 3) Designer frames from luxury eyewear heritage (co-founders from Lindberg); 4) Open app ecosystem (Even Hub) vs Meta's closed ecosystem; 5) Profitability at mid-volume with high ASP (~$1,000 average order)

Main competitors

Meta (Ray-Ban Meta smart glasses), Rokid, RayNeo (TCL-incubated), XREAL

Key partnerships

Krys Group (France's top optical retailer — first national chain to carry G2), specs.berlin (European eyewear retailer), ZEISS (prescription lens partnership)

Notable customers

Palmer Luckey (Oculus/Anduril founder — used G1 at TED 2025), Amy Tan (best-selling author), USA Deaf Swimming Team, Duncan Clark (BDA founder, CNBC/Bloomberg commentator)

Major milestones

Sep 2023: Founded in Shenzhen, Jun 2024: Launched Even G1 (first product, sold 10,000+ units as first display-waveguide smart glasses to reach that milestone), Nov 2025: Launched Even G2 + R1 smart ring, 2025: Launched Even Hub (first open app store for smart glasses), Jul 2026: Raised $150M pre-Series B at $1B valuation (unicorn status) led by Meituan and Tencent

Market positioning

Premium privacy-focused alternative in the fast-growing smart glasses market (167% YoY growth). Competing against Meta (70% market share), Rokid, RayNeo, XREAL — but differentiated by camera-free design. First display-first waveguide smart glasses company to sell over 10,000 units. Attained unicorn status at $1B valuation in July 2026.

Geographic focus

Primary market: US (over 50% of users, ~80% of developer community). Secondary: Japan, South Korea, Middle East, Europe. Not yet selling in China despite manufacturing there.

Patents and IP

Over 41 patents filed. Proprietary HAO (Holistic Adaptive Optics) optical system — integrated microchip, waveguide, and prescription lens technology.

About Will Wang (Wang Xiaoyi)

Ex-Apple Engineer (Apple Watch & iPhone development, 2016-2018); also held roles at Anker (operations), OPPO (product management), and JMGO (chief product officer).

Official website: https://www.evenrealities.com