# Even Realities Raises $150M, Hits $1B Valuation for Privacy-First Smart Glasses

> Even Realities proves camera-off is a real business model for smart glasses—while Meta bets on always-on capture, Even is betting privacy-first wins. $150M from Meituan and Tencent signals Chinese capital is hunting AI hardware plays that avoid Western scrutiny, and display-tech is where they can compete.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: TechCrunch · Published Wednesday, July 8, 2026_

## Wortins' read

Even Realities proves camera-off is a real business model for smart glasses—while Meta bets on always-on capture, Even is betting privacy-first wins. $150M from Meituan and Tencent signals Chinese capital is hunting AI hardware plays that avoid Western scrutiny, and display-tech is where they can compete.

## Source

[Read the full story at TechCrunch](https://techcrunch.com/2026/07/06/smart-glasses-maker-even-realities-hits-1b-valuation-with-150m-funding-led-by-meituan-tencent/)

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