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Startups

Alibaba leads $60m funding round for smart glasses maker Nreal

Chinese tech group has invested at least $1bn in AR and VR startups in recent years

Nreal says its latest fundraising will be earmarked for boosting research and development and accelerating its global expansion.   © Nreal
CISSY ZHOU, Nikkei staff writer | China

Hong Kong -- Chinese smart glasses startup Nreal says it has raised $60 million in series C+ fundraising led by Alibaba, bringing its total raised over the past year to $200 million.

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