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Startups & Venture·July 6, 2026·1 min read

Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise

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A $150M round at a $1B valuation for camera-free smart glasses backed by Meituan and Tencent is a bet that ambient computing can scale without always-on recording. If you’re designing wearables, treat privacy-by-design—not just sensors and compute—as a primary product axis, especially in dense urban markets.

Startups & Venture

Source: Mercor hit over $2B in gross revenue run rate in June, double its pace in April, and is profitable on a free cash flow basis

A $2B+ gross run rate doubling in two months with free cash flow profitability says less about one company and more about how fast new rails can monetize when they sit close to transaction flow. If you’re building in adjacent categories, assume the bar is now “default profitable at scale,” not “grow then pray for margins.”