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

Thanks to CTOnews.com netizen Xiao Zhan for the clue delivery! CTOnews.com April 24 news, according to "later LatePost" news, established in September 2021 (Extended Reality, referred to as XR) glasses special chip research and development company gravity, recently completed hundreds of millions of yuan Pre-A+ round financing.

The current round of financing of ▲ Gravitation Company Logo is led by Tongge Fund, followed by Mihayou, Zhongyuan Capital, Zhongding Capital, Si Dao Capital, insight Capital, Ningbo Yongjiang Science and Technology and Ningbo Zhenhai Industrial Capital. (CTOnews.com Note: the Tongge Fund is funded by Goyle shares, PICO, Mihayou and Panax Notoginseng Mutual Entertainment)

According to reports, the founder of Gravitation worked on Apple's XR team for eight years. The other co-founders are from Huawei, Meta, Amazon and other companies with a background in chips, display, optics and algorithms.

Gravitation (Ningbo) Electronic Technology Co., Ltd. is a start-up focused on XR (AR / VR / MR), according to the company's website. With the core chip as the carrier and the hardware technology and algorithm as the support, it provides the industry with a complete technical solution for the next generation XR user experience.

The core product currently under development on the website of ▲ Gravity is the XR dedicated co-processing chip, which can optimize the display and sensor components of XR devices, and provide real-time image rendering, sensor data processing and mixed reality interaction.

Gravitation said that the funds raised are mainly used for team expansion, chip production and research and development of next-generation chips; its first-generation products are expected to be mass produced by the end of 2024, using 14nm or above process, and Gravitation has signed cooperation intention agreements with some customers.

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