GravityXR

About GravityXR

GravityXR, founded in September 2021, is a startup that designs and develops specialized chips, hardware, and algorithms for the extended reality (XR) market, which includes virtual, augmented, and mixed reality. The company is headquartered in Ningbo, China, with additional offices in Shanghai, Chengdu, and a presence in San Jose, California. Its founding team includes veterans from prominent technology companies like Apple, Meta, Huawei, and Amazon, with a core member having spent eight years on Apple's XR team.

The company's primary focus is creating co-processor chips and comprehensive technology platforms for manufacturers of XR devices such as AR glasses and VR headsets. These chips are designed to enhance the user experience by offloading tasks from the main processor, enabling features like high-resolution (up to 8K), high-frame-rate (120Hz) displays, and real-time sensor data processing. GravityXR's proprietary algorithms aim to reduce motion sickness, improve display quality, and support advanced mixed-reality interactions. The business model involves providing these chip platforms bundled with software suites, key component selection, and prototype development support, rather than just selling standalone chips.

Since its inception, GravityXR has secured significant funding through multiple rounds, accumulating nearly RMB 1 billion by April 2023. Its investors include major players in the technology and gaming industries, such as Goertek, ByteDance's Pico, HoYoverse, Sequoia Capital, IDG Capital, and Lenovo Capital. The company launched its JX007 chip in June 2023 and is developing a next-generation 5-nanometer chip, with its first-generation products planned for mass production by the end of 2024.