About MAD Gaze
MAD Gaze is a Technology company based in Hong Kong (China) founded in 2013 by Jordan Cheng. It operates as an augmented reality smart glasses with Android and connectivity are developed. MAD Gaze has raised $31.62 million across 3 funding rounds from investors including Shenzhen New Henglida Capital Management. Its chief executive is Jordan Cheng. Its focus areas include High Tech, Augmented Reality, Display Devices and Screen-based. Its competitors include XREAL, Magic Leap, Vuzix, RealWear and DigiLens and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
MAD Gaze was founded in 2013 in Hong Kong, China, within the wearable technology sector. Augmented reality smart glasses are produced, running on Android with Wi-Fi and Bluetooth connectivity. Features such as image recording, video playback, visual display, and a controllable camera are incorporated. An app store offering curated applications and games is maintained for users. Operations focus on hardware and software integration for wearable devices.
- Headquarters Hong Kong, China
- Founders Jordan Cheng
- SectorsTechnology
- Email••••••••
- Website madgaze.com
- Social LinkedIn X Facebook
- Total Equity Funding$31.62M (USD)
in 3 rounds
- Latest Funding Round$18.6M (USD), Series A
Feb 2020
- Investors
Funding Insights of MAD Gaze
MAD Gaze has successfully raised a total of $31.62M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $18.6 million completed in February 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.
- Total Funding $31.62M
- Total Rounds 3
- Last Round Series A — $18.6M
- First Round $1.53M
(Sep 2018)
- Investors Count 1
All 3 funding rounds of MAD Gaze with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $18.6M | Series A | – | – | – |
| Jun 2019 | $11.49M | Seed | – | – | – |
| Sep 2018 | $1.53M | Seed | – | – |
1 investors in total: 1 institutional.
Investors in MAD Gaze
MAD Gaze has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Shenzhen New Henglida Capital Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | cnxhld.com | - |
Investor details for MAD Gaze
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People of MAD Gaze
1 people are tracked at MAD Gaze (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jordan Cheng | Founder & CEO | Leadership |
Complete people profiles for MAD Gaze
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Timeline of MAD Gaze
3 dated milestones of MAD Gaze across 7 years, from founding to its latest funding, stage changes and deals.
- Founded MAD Gaze is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series A, of $18.6M.
Competitors of MAD Gaze
MAD Gaze has 9 listed competitors in our database, 8 of them funded. They include XREAL, Magic Leap, Vuzix, RealWear and DigiLens, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xreal.com | 2017 | Sunnyvale, United States | $433M | – | Augmented-reality smart eyewear is offered by XREAL for device compatibility. | |
| magicleap.com | 2011 | Plantation, United States | $3.48B | 824 | Head-mounted virtual retinal displays for augmented reality viewing are provided. | |
| vuzix.com | 1997 | Rochester, United States | – | 94 | Smart glasses are provided for remote support and teleconferencing. | |
| realwear.com | 2016 | Vancouver, United States | $128.48M | – | Provider of wearable heads-up display for industrial workers | |
| digilens.com | 1999 | Sunnyvale, United States | $247.3M | 109 | Designs optical waveguide technology for HUD, AR and biometric applications | |
| almer.com | 2021 | Bern, Switzerland | $11.94M | – | AR-based platforms for industrial remote assistance are provided. | |
| waveoptics.ar | 2014 | Abingdon, United Kingdom | $54.94M | 115 | Developer of waveguides for AR-based smart glasses | |
| lumusvision.com | 2000 | Ness Ziona, Israel | $57M | – | Optical displays for AR head-mounted devices are developed. | |
| daqri.com | 2010 | Los Angeles, United States | $15M | – | AR-based software for workforce productivity management is provided. |
Detailed competitors of MAD Gaze
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Top companies in Augmented & Virtual Reality Solutions
10 companies that operate in the same segment as MAD Gaze (Augmented & Virtual Reality Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of SDK for smart data capture from barcodes, files, and IDs | 2009 | Zurich, Zurich, Switzerland | USD 273.1 M | – | 363 | |
Augmented reality mobile games are designed and developed. | 2011 | San Francisco, California, United States | USD 772.84 M | USD 166.77 K | 584 | |
Interactive STEM kits are provided for children's learning. | 2016 | Bengaluru, Karnataka, India | USD 35.81 M | USD 2.23 M | 138 | |
Hardware-based iPad games for children are developed. | 2013 | Palo Alto, California, United States | USD 36 M | – | 112 | |
Provider of AI and AR-based virtual makeup application solutions | 2014 | Taipei, Taiwan | USD 75 M | USD 69.15 M | 342 | |
Cloud-based augmented reality software is provided for construction professionals. | 2017 | London, England, United Kingdom | USD 34.49 M | USD 5.87 M | 77 | |
Provider of wearable heads-up display for industrial workers | 2016 | Vancouver, Washington, United States | USD 145.48 M | USD 1.11 M | 19 | |
Virtual reality headsets are provided for immersive professional applications. | 2016 | Helsinki, Finland | USD 149.39 M | – | – | |
Virtual world games are facilitated through an NFT-based platform. | 2017 | Buenos Aires, Argentina | USD 25 M | – | – | |
AR-based content management software is offered for 3D product experiences. | 2018 | Toronto, Ontario, Canada | USD 2.1 M | USD 1.53 M | – |
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Related news about Mad Gaze
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Frequently Asked Questions about MAD Gaze
MAD Gaze was founded in 2013 and raised its 1st funding round 5 years after it was founded.
MAD Gaze is headquartered in Hong Kong, China.
Jordan Cheng is the current CEO of MAD Gaze. They have also founded this company.
MAD Gaze is a funded company, having raised a total of $31.62M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.53M, raised on Sep 2018.
MAD Gaze was founded in 2013 in Hong Kong, China, within the wearable technology sector. Augmented reality smart glasses are produced, running on Android with Wi-Fi and Bluetooth connectivity. Features such as image recording, video playback, visual display, and a controllable camera are incorporated. An app store offering curated applications and games is maintained for users. Operations focus on hardware and software integration for wearable devices.
MAD Gaze's top competitors include RealWear, XREAL and Magic Leap.
MAD Gaze has 1 investor. Key investors include Shenzhen New Henglida Capital Management.