Shulou(Shulou.com)11/24 Report--

CTOnews.com October 21 news, in July this year, Luo Yonghao announced his AR startup Thin Red Line (fine red line). Now 36 krypton has learned from several independent sources that the company has recently completed nearly 400 million yuan in angel round financing and plans to continue to open a new round of financing at the end of October.

According to reports, the angel round financing of the thin Red Line Company is led by Meituan Longzhu, followed by Matrix Partners, Lanchi Venture Capital and other nine institutions, and Zhu Yonghua, founding partner of Meituan Longzhu, serves as a director on behalf of Meituan Fang. The report also said that according to people familiar with the matter, the company's earliest valuation was 2 billion yuan, but the company's current valuation range is 10-1.5 billion yuan.

In addition, the recruitment program has been launched since its inception in June, when it was mainly aimed at AR engineers and product managers. It is reported that the company has recently hired a large number of product managers and programmers, some of them from Xiaomi and Blackshark.

CTOnews.com has learned that Luo Yonghao has previously said that he believes that AR is the next generation of computing platform, and he does not like Apple to make AR glasses, because when the platform revolution, the hegemony of the new world is never the overlord of the old world. With regard to specific plans, Luo Yonghao said that his hardware team will develop an engineering machine every year, which in principle is limited to internal development and use, until the commercial conditions and the overall environment are roughly ripe for sale.

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