Rokid raises $160m - Rokid X-Craft 1

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Rokid X-Craft, Glass 2 and Air Pro are gaining traction among a range of different customers, according to their maker, as new investors back the startup to provide an entrance point into the Metaverse

Quick read

➨ China-based immersive tech startup Rokid has raised a total of $160 million in a series C funding round
➨ The split series C round saw Rokid raise $50 million last year, with $110 million coming more recently, from “related ecosystem investors”
➨ The unnamed investors are backing a startup that is developing AR glasses for both the consumer and enterprise markets as it looks to provide “an important entrance to the Metaverse”

The story

China-based immersive tech startup Rokid has raised a total of $160 million in a series C funding round.

The split series C round saw the startup raise $50 million last year, with $110 million coming more recently, from “related ecosystem investors”.

The unnamed investors are backing a startup that is developing augmented reality (AR) glasses for both the consumer and enterprise markets as it looks to provide “an important entrance to the Metaverse”.

Rokid X-Craft (pictured above), a ruggedised AR headband equipped with a 5G module that fits around a hardhat, boasts a number of certifications that makes it a desirable device for the energy sector, particularly oil companies.

Rokid raises $160m - Rokid Glass II
Rokid Glass II

Rokid Glass 2, meanwhile, is a lightweight and foldable set of AR glasses being adopted within manufacturing, logistics, events, healthcare and education, according to the startup.

XRSPACE, another China-based immersive tech startup, launched PartyOn, its consumer-targeted social music platform for digital concerts and festivals, with the AR glasses as a launch device.

Finally, Rokid Air Pro, billed as “the best portable AR glasses with a camera for training and exhibition” are selling well three months after launching, the startup said.

Rokid raises $160m - Rokid Air Pro
Rokid Air Pro

The startup will use the $160 million of funding to accelerate its research and development efforts, as well as expand into new locations and for marketing.

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Images: Rokid

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