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RayNeo Thunderbird Innovation Technology secures a record-setting Series C funding in China's AI+AR glasses sector, led by CITIC Jinshi, aimed at accelerating R&D and expanding its ecosystem.

PRIVATENov 08, 2025

Round Type

Series C

ManufacturingSoftwareConsumer ElectronicsElectronics

Investors

Citic Securities International CapitalCitic Securities InvestmentCitic Jinshi

Description

RayNeo Thunderbird Innovation Technology has completed a new round of financing led by CITIC Jinshi. The Series C funding is the largest single investment in China's AI+AR glasses sector in 2025, aiming to boost R&D and strengthen the company's global leadership. Founded in 2021, RayNeo has quickly become a frontrunner in AR technology, offering innovative products. Their offerings are now available in over 25 countries, capturing 39% of the global AR glasses market.

Quick answer

RayNeo raised an undisclosed amount in a Series C round, dated November 8, 2025. Investors: Citic Securities International Capital, Citic Securities Investment and Citic Jinshi.

How much did RayNeo raise?
RayNeo raised an undisclosed amount in a Series C round on November 8, 2025.
Who invested in RayNeo?
Citic Securities International Capital, Citic Securities Investment and Citic Jinshi are named as investors in this round.
What does RayNeo do?
RayNeo, incubated by TCL Electronics (1070.HK), is an industry leader in AR innovation, developing some of the world’s most revolutionary AR consumer hardware, software and applications.
Who are the decision-makers at RayNeo?
Fundz holds 1 contact at RayNeo, including the Regional Sales Manager. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Consumer Electronics and Electronics around the same time

Companies in the same sectors as RayNeo that raised within 45 days of this round, from Fundz verified event records.

  • Chromatic 3D Materials raised $500K on December 22, 2025.
  • Hadrian raised $131M on December 19, 2025.
  • I-care Group raised $23M (Funding Round) on December 23, 2025.
  • Neural Concept raised $100M (Series C) on December 18, 2025.
  • Destinus raised $59M (Debt Financing) on December 18, 2025.
  • Arcturus raised $2.3M (Seed) on December 4, 2025.

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Company Information

Company

RayNeo

About

RayNeo, incubated by TCL Electronics (1070.HK), is an industry leader in AR innovation, developing some of the world’s most revolutionary AR consumer hardware, software and applications. RayNeo specializes in the research and development of AR technologies with industry-leading optics, display, algorithm and device manufacturing.

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Related People

1 contact
Verified contactsOliver Y., Regional Sales ManagerSee plans and pricing
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