Nreal Light Folded

Nreal raises $16 million for lightweight mixed reality glasses

Nreal, a Beijing-based developer of ready-to-wear mixed reality glasses, has raised an additional $16 million in funding to make its 3-ounce smart glasses into a powerful and immersive experience.

The money came from China Everbright Limited New Economy Fund, iQiyi, Shunwei Capital, and China Growth Capital. The latest round comes just one month after the company announced a $15 million round at the CES 2019 tech trade show in Las Vegas. That was where I saw a demo of the company’s high-quality mixed reality glasses.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.