刚刚，今年国内AR行业最大一笔融资诞生

Core Insights - Thunderbird Innovation has completed a record-breaking C round financing led by CITIC Jinshi, marking the highest single financing amount in the domestic AI+AR glasses sector in 2025 [1] - The funds will be used to accelerate technology research and ecosystem development in AI+AR glasses, further solidifying Thunderbird's leading position in the global consumer-grade AI+AR glasses market [1] - The company has raised a total of 800 million RMB this year, indicating strong market recovery and investor confidence in the XR industry [1][3] Financing and Investment - Thunderbird Innovation has completed 8 rounds of financing, with notable investors including TCL, Bilibili, and various venture capital and government funds [3] - The latest financing round is part of a broader trend of increasing investment in the XR industry, with few companies achieving such high single investment amounts [1][3] - The company has established a strong valuation and recognition in the capital market due to its diverse product layout and robust technological barriers [3] Product Development - Thunderbird Innovation focuses on three main product lines: Air series for viewing, V3 series for AI photography, and X3 Pro for true AR glasses, covering a wide range of consumer scenarios [5] - The Air 4 glasses are the first globally to support HDR10, offering cinema-level quality with a starting price of 1599 RMB [7] - The V3 series has captured over 95% of the domestic market share in its category, showcasing its strong market presence [7] Technological Advancements - The X3 Pro AR glasses utilize advanced diffraction waveguide technology, achieving a 50% increase in light efficiency and a 95% anti-interference rate [8] - The company is building a vertical integration barrier by establishing its own optical manufacturing facility and investing in XR device manufacturing [12] - Thunderbird's team comprises experienced professionals from major tech companies, enhancing its capabilities in product design and technological breakthroughs [10] Market Trends and Competitive Landscape - The AR glasses market is evolving, with AI hardware integration becoming a significant trend, as evidenced by the success of products like Ray-Ban Meta [15][18] - Major competitors, including Amazon and Apple, are also entering the AI glasses space, intensifying competition [18] - Thunderbird Innovation is well-positioned to capitalize on the growing interest in AI glasses, which are increasingly seen as ideal devices for AI assistants due to their proximity to human senses [15]