- Companies
- INMO Glass
INMO Glass Valuation, Funding & Investors
INMO Glass is valued at $2B as of September 2026.
Last INMO Glass valuation
$2B
Series C · Sep 2026
Last INMO Glass funding round
$149M
Series C · Sep 2026
Cumulative funding INMO Glass raised
$194M
across 6 funding rounds
Key investors in INMO Glass
Puhua Capital
Chengdu Science and Technology Venture Capital
Nanshan War Xintou
Guangzhou Industrial Investment Group
Shenqi Capital
Pufeng Capital
About INMO Glass
INMO Glass is a developer of foldable monocular augmented reality glasses such as the INMO Air2 model equipped with 1080p Micro-OLED displays and binocular 6DoF spatial tracking. Shenzhen-headquartered, the company delivers lightweight wearable devices under 80 grams that support navigation overlays, gaming, and video streaming directly from the glasses. INMO Glass integrates waveguide optics for a 45-degree field of view and pairs its hardware with the INMO One app for gesture controls and content management across iOS and Android platforms. The firm expanded its product line to include the Air Glass Pro for enterprise applications like remote collaboration in manufacturing sectors.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Product sales
Valuation
$2B (Sep 2026)
Sectors
INMO Glass Valuation
INMO Glass is currently valued at $2B, based on its Series C in September 2026.
The $149M round was led by Sichuan Revitalization Science and Technology Innovation Fund, with participation from Shibei Hi-Tech Park, Sichuan Provincial Pilot Production R&D and Guangzhou Industrial Investment Group.
INMO Glass valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2026 | Series C | $2B |
INMO Glass Funding History
INMO Glass has raised a total of $194M across 6 funding rounds.
INMO Glass' first fundraising round was a $10M Series A in May 2022. The most recent completed round was a $149M Series C in September 2026.
INMO Glass funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series C | Sichuan Revitalization Science and Technology Innovation Fund (lead); Shibei Hi-Tech Park; Sichuan Provincial Pilot Production R&D; Guangzhou Industrial Investment Group | $149M | $2B | INMO Technology completed its Series C financing round in September 2026, raising nearly RMB 1 billion from investors including Sichuan Revitalization Science and Technology Innovation Fund, Jing'an Capital, Shibei Hi-Tech, Guangzhou Industrial Investment, Sichuan Pilot Test Platform, Meishan Pilot Test Platform, and Dongpo State-owned Investment. The company reached a valuation of about 2 billion yuan, or about $280 million. The capital is being used to develop and commercialize next-generation spatial intelligent hardware, further upgrade the INMO AIOS system, strengthen core hardware and software capabilities, expand branding and omni-channel distribution, and improve commercialization and growth. The company has been positioned as one of the most active and heavily financed players in China’s AI-plus-AR smart glasses market, with multiple financing rounds completed in rapid succession over the prior year. INMO is a smart glasses company based in China focused on AI glasses and AR hardware. It is a global smart glasses brand and an active participant in the emerging smart glasses sector, with product and platform development centered on integrated hardware-software capabilities and consumer commercialization. |
| Jan 2026 | Series C | Pufeng Capital; Nanshan War Xintou; Chengdu Science and Technology Venture Capital | - | - | - |
| Oct 2025 | Pre-seed | - | $600K | - | - |
| Jul 2025 | Series B | Puhua Capital; Shenqi Capital; Liangxi Industrial Development Group | $21M | - | INMO is an AR glasses technology company founded and based in China that focuses on developing smart glasses products including the INMO AIR series for light office and audiovisual entertainment, the INMO GO series for translation scenarios, and the INMO X series for photography applications. The company positions itself as a pioneer in wireless AR glasses and AI smart glasses, aiming to create the next-generation mobile terminal after smartphones in the metaverse era. INMO's latest publicly disclosed major funding was a Series A round of $10 million on May 16, 2022. The company gained public attention in October 2025 when its INMO AIR3 AR glasses Kickstarter campaign raised over $630,000 from more than 673 backers, featuring the world's first 1080p all-in-one full-color waveguide display powered by a Sony Micro OLED screen. The campaign offered the AR glasses at an early-bird price of $899 (18% off the $1,099 MSRP). |
| Jul 2024 | Series B | Chenghua Science and Technology Venture Capital; Jiangxi Zhonghuan Investment Group; Sichuan Development Guidance Fund | $14M | - | - |
| May 2022 | Series A | Momo (lead) | $10M | - | Shenzhen Inmo Technology (INMO Glass), established in 2020, develops AR smart glasses, focusing on research, development, equipment, and solution design. The company announced its Series A financing round on May 16, 2022, led by Hello Group (MOMO), worth tens of millions of USD, with MM Capital as exclusive financial advisor. |
Who has invested in INMO Glass?
14 investors have backed INMO Glass across its funding rounds, including Puhua Capital, Chengdu Science and Technology Venture Capital, Nanshan War Xintou, Guangzhou Industrial Investment Group, Shenqi Capital and Pufeng Capital.
Lead investors include Sichuan Revitalization Science and Technology Innovation Fund and Momo.
INMO Glass Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Jul 2025 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Sep 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Jul 2025 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Sep 2026 | ||
| -- | 1 | Lead | Sep 2026 | |
| 1 | Lead | May 2022 | ||
| 1 | Participant | Jan 2026 | ||
This data is available for Pro users. Sign up to see all 14 INMO Glass investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialINMO Glass Competitors
INMO Glass competitors include listed companies like Sun Corp. and HTC, and private ones like Magic Leap, MindMaze, Spree3D and XPANCEO.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2B | - | ||
| Private | $8M | - | $1.5B | 187.5x | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $64M | - | $1.4B | 22.2x | ||
| Private | - | - | $1.4B | - | ||
| Publicly listed | $91M | $22M | $1B | 6.9x |
INMO Glass Public Comps
INMO Glass is still privately-owned, but its public comps include Sun Corp., HTC, Kopin, Cover, Surgical Science, Vuzix, GOLFZON Gold, Kudan, Orbbec and Snap.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $64M | - | 21.8x | 22.2x | - | - | |||
| $91M | $22M | 6.8x | 6.9x | 27.7x | (6.2x) | |||
| $38M | $3M | 22.2x | 15.6x | 338.7x | (97.7x) | |||
| $317M | $34M | 1.9x | 1.9x | 17.6x | 9.8x | |||
| $101M | $18M | 1.9x | 1.9x | 11.2x | 9.4x | |||
| $6M | ($29M) | 35.9x | 33.9x | (7.7x) | - | |||
| $258M | $40M | 1.3x | - | 8.6x | - | |||
| $8M | ($1M) | 12.1x | 13.3x | (79.7x) | - | |||
This data is available for Pro users. Sign up to see all INMO Glass competitors and their valuation data. Start Free Trial | ||||||||
Common questions about INMO Glass
| When was INMO Glass founded? | INMO Glass was founded in 2020. |
| Where is INMO Glass headquartered? | INMO Glass is headquartered in Shenzhen, China. |
| Is INMO Glass publicly listed? | No, INMO Glass is a private, VC-backed company. |
| What is INMO Glass' valuation? | INMO Glass was last valued at $2B in its Series C in September 2026. |
| How much funding has INMO Glass raised? | INMO Glass has raised $194M across 6 funding rounds. |
| What was INMO Glass' last funding round? | INMO Glass' last funding round was a $149M Series C in September 2026, led by Sichuan Revitalization Science and Technology Innovation Fund. |
| Who are INMO Glass' investors? | INMO Glass' investors include Chenghua Science and Technology Venture Capital, Puhua Capital, Jiangxi Zhonghuan Investment Group, Shibei Hi-Tech Park, Pufeng Capital, Shenqi Capital, Sichuan Development Guidance Fund, Nanshan War Xintou, Sichuan Provincial Pilot Production R&D, Sichuan Revitalization Science and Technology Innovation Fund and 4 others. |
| Which companies are comparable to INMO Glass? | Companies comparable to INMO Glass include Magic Leap, MindMaze, Spree3D, Sun Corp., XPANCEO and HTC. |
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