INMO Raises Undisclosed Pre-A Funding

Picture: wearing an INMO AIR glasses
Picture: wearing an INMO AIR glasses

INMO, a Shenzhen, China-based AR smart glasses brand, raised an undisclosed amount in Pre-A funding.

The round, which is worth tens of millions of yuan, was led by Matrix Partners with participation from Unity Ventures and Junsan Capital.

The company intends to use the funds for mass production and brand building.

INMO provides wireless AR smart glasses that can be used without a mobile phone, supports independent computing, and has a frequency of up to 2.0GHz. Its weight is less than 80g, which is equivalent to ordinary sunglasses. It can be used continuously for 4 hours or with a standby for 72 hours, which can satisfy the needs of daily wear.

In February, the company received angel round financing from Yilai Investment and 37 Interactive Entertainment.

The team has more than 50 employees now, and the R&D personnel account for 70%.

FinSMEs

29/11/2021