Beijing NED Ltd. Completed Its B+ Round of Financing

May 13, 2022, the head domestic AR/VR optical module enterprise NED has completed its B+ round of financing participated jointly by industrial capital and industry capital. This round of financing is mainly applied to production capacity enhancement of AR/VR optical modules and technology R&D upgrade, etc.

It is reported that NED has already obtained batch orders from a number brand manufacturers in the early stage, and is expected to become the optical module supplier with largest shipment worldwide this year. Also, NED has already carried out the R&D in ultra-thin freeform and holographic optical waveguide products; at the same time, the Pancake optical module by NED for VR market is also at the stage for batch production, ensures continuously contribute to the development of Web 3.0 industry.