Founded by former core founding members of Gionee, a smart glasses brand has secured tens of millions of yuan in financing and has won orders from leading manufacturers such as SoftBank and Transsion | Exclusive Report by Hardcore Krypton

Author | Huang Nan

Editor | Peng Xiaoqiu

Yingke learned that Shenzhen Mengtong Intelligent Technology Co., Ltd. (hereinafter referred to as "Mengtong Intelligent") recently completed a Pre - A round of financing worth tens of millions of yuan. This round was strategically invested by A - share listed company Zhidongli, and Gaoshi Capital served as the exclusive financial advisor. The financing funds will be mainly invested in product R & D, team expansion, and ecological implementation.

Founded in 2022, "Mengtong Intelligent" focuses on the independent R & D of AI terminal products of software and hardware centered around "AI + AR glasses" and the ecological construction centered around the "Spatial AI OS system" as the computing center to realize the AI intelligent agent in the era of spatial intelligence.

The founder, Zhang Maolei, is a former core founding member and R & D leader of "Gionee Mobile". He participated in the R & D of many popular mobile phone products. His in - depth understanding of the consumer electronics industry helps to quickly transform cutting - edge technologies into mass - produced products. Many core members of "Mengtong Intelligent" come from leading enterprises such as Gionee, OPPO, VIVO, Alibaba, Hitachi, MTK, and Skyworth. The team has a composite background in the fields of "mobile phone industry + mobile Internet + AI" and has the coupling ability of the "iron triangle" of hardware R & D, software systems, and AI algorithms.

Mengtong Intelligent Kunxian Smart Glasses (Image source/Enterprise)

Currently, the global technology industry is undergoing a profound transformation driven by large AI models. With the rapid evolution of technologies such as multi - modal large models and spatial computing, the traditional interaction paradigm of "screen as the terminal" is facing a fundamental reconstruction. Against this background, the integration of AI and AR technologies is giving birth to a new generation of human - machine interaction methods, promoting the transformation of the form of intelligent terminals from two - dimensional planes to three - dimensional spaces.

According to the latest forecasts from IDC, WellsennXR, etc., the global AR/AI glasses market is approaching the critical point of explosive growth. It is estimated that the shipment volume will exceed 100 million units in 2028, and by 2030, the scale of the spatial intelligent interaction market is expected to reach the trillion - yuan level.

On the one hand, the breakthrough progress of large AI models in real - time reasoning ability has brought a qualitative leap to the interaction experience of AR and AI glasses, enabling the shift from simple information superposition to more natural and intelligent human - machine collaboration. At the same time, users' demand for "scenario - based, immersive, and intelligent" interaction continues to rise, and traditional flat terminals can no longer meet the efficient interaction needs in complex scenarios, which promotes them to become the core carriers to undertake future interaction needs.

It is undeniable that in the current smart glasses market, although leading manufacturers such as Meta overseas and Xiaomi in China have carried out preliminary cultivation respectively, the users are mainly early adopters and have not penetrated into the mainstream mass market. The market education is not yet complete, and the industry is far from the explosion stage.

Zhang Maolei, the founder of "Mengtong Intelligent", said that it is still too early for the "iPhone moment" in the field of AR/AI glasses. If compared to autonomous driving, the current industry may be at the L2 stage, and the products mainly reflect auxiliary value.

Overseas users experiencing Mengtong's products (Image source/Enterprise)

Zhang Maolei further analyzed and pointed out that from the industrial evolution trajectory, 2025 - 2028 will be a critical window period for defining the next - generation AI entrance. Specifically, this stage is highly similar to the period when the pattern of the smartphone industry was established from 2007 to 2010.

At that time, smartphones subverted feature phones through technological integration, ecological construction, and experience breakthroughs. "Today, the next - generation AI entrance is evolving along a similar path. The in - depth integration of large AI models and AR display technologies promotes the innovation of the underlying technical architecture, the rapid growth of the developer community and content ecosystem, and also provides fertile ground for the continuous evolution of the industry." Zhang Maolei said.

Therefore, "Mengtong Intelligent" chose AI + AR glasses as the core entry point and adopted a "fast - paced" strategy of "mass - producing one generation, researching and developing the next generation, and pre - researching the generation after that" to build a three - AI - ecological product matrix of spatial intelligent terminals, spatial computing terminals, and AI computing centers, including many products such as AI Pocket (game handheld), AI station, and AI Connect, covering a diversified ecological layout of terminal devices, interaction systems, and scenario applications.

Product picture of Mengtong Intelligent Glasses (Image source/Enterprise)

In 2023, "Mengtong Intelligent" released the world's first third - generation AR glasses with the largest field of view (FOV). This is the first all - around lightweight AR smart glasses with a mass - producible 0.71 - inch Micro - OLED. Through an innovative optical architecture, the high - performance display system is integrated into the form of daily glasses, which can solve the traditional contradiction between the display effect and wearing comfort of AR glasses. This pair of glasses also received orders from two leading enterprises, Transsion and SoftBank, and has achieved mass production and delivery after passing strict tests.

In addition, based on R & D breakthroughs in multiple dimensions such as performance and weight, "Mengtong Intelligent" will launch mass - producible AI glasses with a high "quality - to - price ratio" in the second half of the year. At the same time, it will also release its new AI + AR anti - light - leakage light waveguide "AIR Glasses". Not only does it maintain an ultra - light body weight, but its unique anti - stray - light technology can effectively reduce the light - leakage rate, solving the core pain point of poor visibility of past AR glasses in strong - light environments, so as to broaden the scope of application in scenarios such as daily commuting, indoor office work, and outdoor activities.

Product picture of Mengtong Intelligent Glasses (Image source/Enterprise)

Yingke learned that in the first half of 2025 alone, the revenue of "Mengtong Intelligent" is expected to increase by 300% compared with the whole year of 2024. The company is in talks with global leading enterprises such as SoftBank, Transsion, AOC, Honor, and Hanwang for cooperation and can enter the stage of large - scale mass production and batch delivery in 2026. In vertical scenarios and specific fields such as translation and sports, the company will accelerate the exploration and layout of its global AI brand.

Zhang Maolei said that future competition will be competition among ecosystems. The company will build a spatial AI interaction platform and service ecosystem based on "MT Fuse Space AI (multi - heterogeneous fusion large model) + MT Space AI OS (system - level interaction center) + MT AI Agent (vertical scenarios)" to further promote the implementation and commercial realization of spatial AI technologies.