XREAL has received an exclusive investment of 200 million yuan from Pudong Venture Capital Group, and its headquarters will be located in Pudong

On May 15th, Pudong Venture Capital Group announced that it has completed an exclusive investment of 200 million yuan in XREAL and attracted XREAL headquarters to settle in Pudong. XREAL was established in Beijing in 2017, focusing on the research and development of MR technology and the production of AR terminals. It has now become a leading global enterprise in the research, design, and manufacturing of consumer grade AR glasses. Data shows that from 2022 to 2024, XREAL has topped Amazon's AR glasses sales chart for three consecutive years, held the top global AR market share for three consecutive years, and remained the top seller in terms of shipment volume.