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High Tech Series B Founded 2015

NOLO

NOLO develops virtual reality hardware and motion tracking systems for room-scale VR experiences, offering a product lineup including NOLO SONIC2, NOLO Sonic, NOLO X1, NOLO CV1 Air, NOLO CV1 Pro, NOLO N1, NOLO R1, and the NOLO RING smart interaction ring. The company's proprietary tracking technologies, Sodartraq and Polartraq, enable high-precision positional tracking for VR headsets and controllers, achieving…

📍 Beijing, China · Virtual Reality

Funding snapshot

Last roundSeries B
Amount$20M
Date25 February 2021
Total raised$45M
Team size13

About

NOLO develops virtual reality hardware and motion tracking systems for room-scale VR experiences, offering a product lineup including NOLO SONIC2, NOLO Sonic, NOLO X1, NOLO CV1 Air, NOLO CV1 Pro, NOLO N1, NOLO R1, and the NOLO RING smart interaction ring. The company's proprietary tracking technologies, Sodartraq and Polartraq, enable high-precision positional tracking for VR headsets and controllers, achieving room-scale experiences with mobile VR setups. NOLO's tracking system consists of a base station, headset marker, and handheld controllers that work with Android smartphones and standalone VR headsets. The company also provides NOLO HOME software for cross-platform VR content management with over 200,000 users, an app store, and commercial solutions including automotive industry partnerships and GSXR standard cloud VR. Founded in 2015 and headquartered in Beijing, China, the company has raised approximately $45M in Series B funding. NOLO differentiates itself through its proprietary Polartraq and Sodartraq tracking technologies that deliver room-scale VR at accessible price points, with products sold through JD.com and Tmall and partnerships with China Mobile for cloud VR.

Business model

Virtual Reality > Display Devices > Consoles and Standalone

Founders & team highlights

Serial Founder

Institutional investors

China Mobile NIO Capital Joy Capital Lanchi Venture Capital Peakview Captial Lotus Capital Galileo Capital PreAngel

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