Lenovo’s Venture Capital Unit Raises Stakes In AR/VR Through $14M Investment In Start-Up

Beijing NED Ltd., a Chinese high-tech company that develops optical modules for augmented reality (AR) and virtual reality (VR) smart glasses, announced on Tuesday that it has raised RMB100 million (US$14.48 million) in a series A round of financing from Lenovo Capital and Incubator Group (LCIG).

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