LLVision Secures Tens of Millions in Strategic Investment from Yitang Changhou Fund

Investment Circle (WeChat ID: pedaily2012) reported on May 7 that LLVISION, a leading domestic enterprise in the AI+AR sector, recently announced it had secured tens of millions of yuan in strategic investment from Beijing Yitang Changhou Fund. LLVISION is the first company invested by this high-tech industry fund in the AR display field. The two parties will engage in deep cooperation, continuing to increase R&D investment in core technologies for hardware and software products while expanding their business footprint, amidst the 5GDawnBefore illuminating the path to an interactive revolution, let us jointly establish LLVISON as the leader in this sector.

LLVISION, founded in 2014, is a pioneer and leader in enterprise-level AR services, providing related hardware products and software solutions that are widely applied in industries such as industrial manufacturing, security, and healthcare. This is not the first time LLVISION has attracted capital investment; within just one year from 2017 to 2018, the company successively completed its Series B and Series B+ financing rounds, becoming the first AR company in China to complete both Series B and Series B+ funding. The Series B round was led byBlueRun VenturesLead Investor,Matrix Partners ChinaCo-investment; Series B+ financing led byCCB InternationalLead investor: BlueRun Ventures; co-investors: Matrix Partners China.

The Beijing Yitang Changhou Fund, which invested in LLVISION this time, is a high-tech industry investment fund jointly established by E-Town Capital and Chipone Technology (Beijing) Inc. in 2018. With government support from the Beijing Municipal Bureau of Economy and Information Technology and the State-owned Assets Supervision and Administration Commission of Zhuhai Municipality, the fund has developed an investment focus on the new display sector, while also investing in high-quality projects in the integrated circuit and intelligent manufacturing fields. In the new display sector, the fund’s portfolio includes Ouleide (OLED display driver chips), Bosheng Optoelectronics (3D sensing VCSEL lasers), and Hebo New Materials (electronic chemical materials). Furthermore, within the new display domain, the Yitang Changhou Fund places significant emphasis on core technologies and downstream industrial applications in areas such as MicroLED displays, quantum dot displays, laser displays, and electronic paper displays. Investment Director, Beijing Yitang Changhou Fund Management Co., Ltd.Chen PengfeiIt was stated that LLVISION is currently the first company in the industry to achieve “closed-loop” development, covering the entire industrial chain from upstream core technologies to downstream commercial application scenarios. Leveraging solid R&D achievements in foundational technologies, the company has established a technological barrier that is unlikely to be surpassed in at least the next few years. Meanwhile, its commercial success has also given investors hope.

“With advanced technology, robust products, and ample application space—and with application scenarios poised for large-scale replication and widespread adoption—we believe such companies will inevitably assume a leading role in the AR era.”Chen PengFei stated that LLVISION is the first company they have invested in within the AR display sector. In addition to financial support, they will strategically align with other segments of the AR industry chain based on LLVISION’s development needs to help the company grow and expand.

The founder and several co-founders of LLVISION hail from leading enterprises such as Lenovo, Microsoft, and Intel, bringing extensive professional expertise in technology, business, and research. The company maintains deep collaborations with prestigious research institutions, including the College of Optical Science and Engineering at Zhejiang University and the State Key Laboratory of Pattern Recognition at the Chinese Academy of Sciences, attracting professionals with rich experience in optics, hardware, artificial intelligence, and interaction design. Beyond its technological leadership, LLVISION has become the only provider in China to achieve large-scale commercialization of AR glasses and vertical industry solutions, holding a dominant market share in commercial applications across multiple sectors such as industrial manufacturing, security, and healthcare. Moving forward, LLVISION will continue to expand its commercial footprint while significantly increasing R&D investment in core technologies, further cultivating the enterprise-level AR services sector to play an even more pivotal role in the next revolution of human-computer interaction.