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Even Realities

Privacy-first AI smart glasses with a waveguide display and no camera.
Even Realities is a Shenzhen-based smart-glasses maker founded in 2023 by ex-Apple engineer Will Wang (Apple Watch, iPhone). Its lightweight waveguide glasses deliberately omit a camera, displaying messages, navigation, and live translation through a transparent in-lens display — a privacy-first alternative to Meta's Ray-Ban line. A $150M pre-Series B in July 2026, led by Meituan with existing backer Tencent, valued the company at $1B.
Consumer Hardware 📍 Shenzhen, China Founded 2023
Current Valuation
$1.0B
as of 2026-Q3
UNICORN

QL Price

$1.0B
0% vs last round
QuantLogix's current estimate for Even Realities, published 2026-09-05 — in line with the last disclosed round of $1.0B (2026-Q3).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $1.0B 2026-Q3 weight 1
How this price has held up
No round has priced for Even Realities since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-05 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Even Realities →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Even Realities, 2026-09-05 (e93850d823b9443a). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Even Realities going public?
No. Even Realities is private and has not filed to go public. There is no S-1 on file.
What is Even Realities' valuation in 2026?
Even Realities is valued at $1.0B as of 2026-Q3, set by its Pre-Series B ($150M, Jul 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Even Realities filed an S-1?
No public S-1 is on file for Even Realities.
Who are Even Realities' investors?
Even Realities' investors include Meituan, Tencent.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Will Wang
Founded
2023
HQ
Shenzhen, China
Last Round
Pre-Series B — $150M (Jul 2026) · Lead: Meituan / Tencent (co-led)
IPO Status
private

Fundraising Status

Pre-Series B · $150M · 2 mo ago
private

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Pre-Series B$150MJul 2026Meituan / Tencent (co-led)—

Talent Signal

Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
6
via careers page
Product-build share
0%
engineering, research, product, design
Trajectory
steady
go-to-market push — Only 0% of open roles build product — hiring is concentrated in sales/marketing/ops (3 of 6 open roles are legal).
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month6Aug '26
Open roles by function
Open roles by functionLegal & Policy3Marketing2Support1
■ product-building   ■ go-to-market / G&A
Shipping PolicyWarranty PolicyReturn PolicyDev Community[Help Center](https://even-support-com.zendesk.com/hc/en-us)[Dev Community](https://discord.com/invite/GsuDkKDXDe)
Counted from Even Realities's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Will Wang

Investors

Meituan · Tencent

Products

  • Even G1 (waveguide smart glasses)
  • Even G2 (no-camera AI glasses — messages, navigation, live translation)

Competitors

Meta Ray-Ban · XREAL · Rokid · Brilliant Labs · Halliday
smart-glasseswearablesarprivacyconsumer-hardware
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.