# Smart glasses maker Even Realities hits $1 billion valuation with $150 million round led by Meituan and Tencent

> By stripping out cameras entirely, Even is making a clear bet that privacy concerns are the real barrier to smart glasses adoption, not the AI features themselves. Backing from two Chinese consumer giants suggests real belief that a camera free, translation and copilot focused device can find a mainstream audience beyond early adopters. It is also a reminder that wearable AI hardware is becoming a genuine growth category outside of the Meta and Snap duopoly.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: TechCrunch · Published Monday, July 6, 2026_

## Wortins' read

By stripping out cameras entirely, Even is making a clear bet that privacy concerns are the real barrier to smart glasses adoption, not the AI features themselves. Backing from two Chinese consumer giants suggests real belief that a camera free, translation and copilot focused device can find a mainstream audience beyond early adopters. It is also a reminder that wearable AI hardware is becoming a genuine growth category outside of the Meta and Snap duopoly.

## 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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_Curated and written by [Wortins](https://www.wortins.com) — The daily AI briefing. Every story links to its original source; the "Wortins read" on each is our own original analysis. [About Wortins & our editorial approach](https://www.wortins.com/about)._