About Formovie
Formovie is a company based in Beijing (China) founded in 2016. Formovie has raised $28.82 million across 2 funding rounds from investors including Chongqing Liangjiang Financial Development and Shunwei Capital. Formovie operates in a competitive market with competitors including XREAL, Magic Leap, Vuzix, RealWear and DigiLens, among others.
- Headquarter Beijing, China
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Sectors
Technology
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Email
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Phone
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Website
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$28.82 M (USD)
in 2 rounds
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Latest Funding Round
$28.82 M (USD), Series A
Aug 18, 2020
- Investors
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Employee Count
Not available
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Funding Insights of Formovie
Formovie has successfully raised a total of $28.82M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $28.82 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Formovie
Formovie has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Chongqing Liangjiang Financial Development and Shunwei Capital.
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Investor details for Formovie
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Investments & Acquisitions by Formovie
Investment portfolio details for Formovie
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Financial Statements - Formovie
Detailed financials for Formovie
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Formovie Comparisons
Peer comparison for Formovie
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Competitors of Formovie
Formovie operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as XREAL, Magic Leap, Vuzix, RealWear and DigiLens, among others.
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Augmented-reality smart eyewear is offered by XREAL for device compatibility.
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Head-mounted virtual retinal displays for augmented reality viewing are provided.
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Smart glasses are provided for remote support and teleconferencing.
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Provider of wearable heads-up display for industrial workers
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Designs optical waveguide technology for HUD, AR and biometric applications
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AR-based platforms for industrial remote assistance are provided.
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Detailed competitors of Formovie
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Latest news on Formovie
Complete news archive for Formovie
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Frequently Asked Questions about Formovie
Formovie was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Formovie is headquartered in Beijing, China.
Formovie is a funded company, having raised a total of $28.82M across 2 funding rounds to date.
Formovie was founded in 2016 and is based in Beijing, China. 3D smart glasses are developed with 1080p resolution, automatic lens calibration via a left-frame button, up to 40 hours of battery life, and auto-shutdown after 5 minutes without synchronization. A series of smart laser projection TVs is also offered, focusing on consumer electronics in the wearables and display technology sectors.
Formovie's top competitors include RealWear, XREAL and Magic Leap.
Formovie has 2 investors. Key investors include Chongqing Liangjiang Financial Development, and Shunwei Capital.