Aug 22, 01:20 PM

Snap Explores Outside Funding for AR Glasses

Snap Inc. is exploring raising outside capital to finance development of its augmented-reality glasses, The Information reported, citing people familiar with the discussions. The move would add external investors to a hardware program that has so far been funded internally. The talks come as the social-media company, which has faced slowing advertising growth and broader financial pressures, looks for additional resources to advance its AR ambitions.

#The Information

Written with ChatGPT .

Sources

The Information@theinformation
1 year ago
Struggling Snap Considers Raising Outside Money for AR Glasses Inside Snap's mighty struggles—and the discussions about possibly raising outside money for the company's AR glasses. Read more from Kaya Yurieff, Erin Woo and Jemima McEvoy 👇 https://t.co/4ENyjJwWIi
Market Rebellion@MarketRebels
1 year ago
$SNAP to consider raising money for AR glasses project
Evan@StockMKTNewz
1 year ago
SNAPCHAT $SNAP CONSIDERS RAISING FUNDS FOR AUGMENTED REALITY GLASSES PROJECT - The Information

Snap Explores Outside Funding for AR Glasses

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