As the metaverse turns into common, know-how corporations start to develop a collection of equipment that will permit us to interact with digital worlds. 1 of these devices are the augmented truth eyeglasses created by the Chinese startup, Nreal , which managed to increase $60 million bucks in a spherical of funding led by the e-commerce big, Alibaba , which has shown curiosity in venturing into the metaverse. .
The startup explained it will use the money for analysis and enhancement, as well as expanding into other markets beyond China, later this yr. Amongst the countries in which the model would like to have a presence are South Korea, Japan, Spain and the United States. Nreal is headquartered in Beijing and raised $100 million in funding final 12 months with support from electric powered vehicle maker Nio , online video system Kuaishou and streaming provider iQiyi .