雷鸟创新完成C轮融资，知情人士：IPO已在规划中｜独家

Group 1 - The core viewpoint of the articles highlights the significant growth and investment opportunities in the AI+AR industry, particularly focusing on the advancements and market positioning of Thunderbird Innovation in the AR glasses sector [2][3][4]. - Thunderbird Innovation recently completed a C-round financing led by CITIC Jinshi, with participation from CITIC Securities International Capital and CITIC Securities Investment, aimed at accelerating the development of AI+AR glasses technology and ecosystem [2]. - The financing round set a record for the highest single financing amount in the domestic AR sector for 2025, although the specific amount was not disclosed [2]. - Thunderbird Innovation's products have achieved a sales distribution of 60% domestic and 40% overseas, with expectations for an increasing share of overseas sales in the future [2]. - The company plans to accelerate its path towards an IPO, potentially within the next 2-3 years [2]. Group 2 - The AI+AR industry is projected to reach a market scale of hundreds of billions, with an estimated shipment of 900,000 AI/AR glasses in China by 2025 [3]. - Thunderbird Innovation holds a 39% market share, making it the leading global seller of AR glasses as of the second quarter of 2025 [3]. - The company has partnered with Pixelworks to develop the first AR quality chip, "Vision 4000," enhancing the display quality of its AR glasses [3]. - The CEO of Thunderbird Innovation emphasized that AR glasses are becoming a new core entry point following smartphones, driven by breakthroughs in optics, AI, materials, and chips [3]. - The entry of major players like Xiaomi and Alibaba into the AI+AR market is seen as a positive signal for the industry, indicating a pivotal moment for growth and development [4]. - The unique nature of the AR glasses market, characterized by new optical displays and spatial computing, presents both challenges and opportunities for established companies like Thunderbird Innovation, which has built a strong technical barrier [4].