M
MAD Gaze
Offering innovative and economical AR and MR glasses
About MAD Gaze
MAD Gaze, established in 2013 by founder Jordan Cheng, is a company operating in the augmented reality (AR) sector. Cheng's background in computer science and his interest in human-computer interaction, dating back to his university project on a smart-home control system using hand gestures, directly informed the company's direction. Initially, the venture struggled to gain traction, facing challenges with both market acceptance and hardware limitations which led to a pivot towards developing its own AR smart glasses.
The company develops and manufactures AR smart glasses for both consumer and enterprise markets. Its product line includes various models of binocular smart glasses that project a virtual screen in front of the user's eyes, allowing for hands-free operation and interaction with digital content. Key features of these devices include gesture control, voice recognition, and compatibility with a wide range of applications through its proprietary MAD Gaze OS, which is based on Android. The glasses are designed to be lightweight and function as an extension of a smartphone, enabling users to watch videos, play games, and manage notifications.
For the enterprise segment, MAD Gaze's technology is applied to verticals such as industrial manufacturing, healthcare, and logistics. Use cases include providing remote assistance where frontline workers can receive real-time guidance from experts, and facilitating hands-free access to instructions and data. The business model involves the direct sale of its hardware, with devices priced for different segments of the market. The company also generates revenue through its app store, the MAD Store, where developers can publish and monetize AR applications.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Kwai Tsing District, Hong Kong
- Employees
- 6
- Open positions
- None listed
- Dealroom signal
- 69.0/100
- Industry
- Fashion
- Sub-industry
- Luxury
- Sector
- Fashion, Immersive Technologies, Hard Tech
- Technology
- Augmented Reality, Virtual Reality
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Feb 2020 | $19M | $76M | DNS Capital | ↗ |
| SERIES AEquity / VC | Jan 2019 | $11M | $44M | Undisclosed | — |
Growth signals
Latest recorded traffic for MAD Gaze is 80 monthly website visits, down 94.3% over the last three months. MAD Gaze's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
DNS Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MAD Gaze on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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