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Qidi has completed an angel round financing of RMB 100 million yuan, with Joy Capital as the lead-investor and Matrix Partners China and Meridian Capital as the co-investors

SHANGHAI, Sept. 16, 2022 /PRNewswire=KYODO JBN/ --

On Sep. 13, 2022, Qidi Technology (Shanghai) Co., Ltd. (hereinafter referred to

as "Qidi") announced the completion of an angel round financing of RMB 100

million (14.44 million USD), with Joy Capital as the leading investor, Matrix

Partners China and Meridian Capital as the co-investors.

Founded in December, 2021, Qidi is a scientifically and technologically

innovative enterprise that takes the 24/7 smart glasses as the core and aims at

catering to the customers with its unique Vertical Integration Pattern.

Starting from the full-link integration of underlying technologies, Qidi

focuses on creating hands-free revolutionary smart glasses, which safeguards a

trouble-free journey worldwide for the users.

An optimal solution from Qidi: "Clever" glasses & Vertical Integration Pattern

A pair of ideal smart glasses that is suitable for long-time wearing often

faces many challenges, such as the weight, comfort of wearing, battery life and

heat dissipation, while in the meantime, as a daily-wear item, the glasses

should be both high-tech and fashionable.

The smart glasses are made of different units, which delicately harness a

series of key technologies on optics, displaying techniques, interaction,

algorithm, and operating system. If we just adopt the logic of "smart glasses"

and the development model of supply chain technology integration, as well as

mixing intelligent functions all in one, it'll easily turn the "smart glasses"

into "a clumsy helmet."

The founder of Qidi stresses that, "The most distinctive feature of smart

glasses is that they can perceive the environment and recognize everything from

the first perspective, and provide instant feedback in front of the uses' eyes,

while at the same time, the hands-free service that they provide can raise

efficiency to a great extent."

The guiding principle on Qidi's product development is to inject "intelligence"

to the glasses – that is, with the users' daily needs being satisfied, the

smart glasses are equipped with intelligence, which aims at the three basic

properties that users concern, that are – flexibility, popularity, and fashion.

Besides, the smart glasses have undergone in-depth innovation on the weight,

battery life, and comfort of wearing, and dioptric adjustment is also

available, which can truly realize a trouble-free journey worldwide for the

users.

Qidi has a vertical integration pattern, that is to perfectly match the

top-level designs that suit the terminal ends with the basic operation system,

drive system and algorithm, and fundamentally resolve the technological

problems.

The key members in Qidi are from China's leading technology companies, such as

Huawei and DJI, who have rich pioneering experiences in related industries. It

is a well-experienced and well-integrated team, and the founder has

successfully launched several flagship products with a sales volume of over ten

million, and has deep understanding and pre-judgement of user needs, product

development, and technology innovation.

"We have focused on making flagship phones all along, so the pursuit of high

quality, elegant design and extreme user experience has become the gene of our

team," says the founder of Qidi, "It's been more than ten years since we dealt

with smart glasses. Based on our understanding of the core technologies, we

believe that the tipping point of the relevant technologies is just around the

corner. We hope to take on the role of China's technology innovator to explore

a new definition of smart glasses, and make the perfect product that the users

want, and ultimately take it as a lever to push forward a real smart society."

Mia Lu

+86-15021452275

ya.lu@singularly.net

SOURCE  Qidi Technology (Shanghai) Co., Ltd.