Announced
Completed
Financials
Sources
Tags
Cross Border
Acquisition
reality glasses
Private
Private Equity
Completed
Single Bidder
China
Production Technology Equipment
Friendly
Venture Capital
Minority
Synopsis
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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