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New Deal


Announced

Completed

YF Capital, NIO Capital and Angel Plus China led a $100m Series C round in Nreal.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Acquisition

reality glasses

Private

Private Equity

Completed

Single Bidder

China

Production Technology Equipment

Friendly

Venture Capital

Minority

Synopsis

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YF Capital, a private equity firm, NIO Capital, a market-oriented private equity investment firm, and Angel Plus China, a venture capital firm, led a $100m Series C round in Nreal, a developer of reality glasses. Additional Investors included Sequoia Capital China, Hillhouse Capital Group, GP Capital and CPE. “China is definitely a huge market, and we plan to enter that market next year, and also the US and maybe more countries as well,” Chi Xu, Nreal CEO.

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