Mobile VR Device WOTEL Magic Mirror Gets One Million Angel Investment

According to IDC's recently released "Global AR/VR Consumption Guide, Semiannual Report", the global AR/VR industry revenue will grow from 5.2 billion U.S. dollars in 2016 to 162 billion U.S. dollars in 2020, of which AR/VR hardware will be From 2015 to 2020, it contributes more than 50% of its revenue. Recently, a hardware company from Shenzhen has won a million seed round investment.

According to the official WeChat message of the WOTEL Magic Mirror, the WOTEL Magic Mirror has received a million angel investment a few days ago, but the specific investment quota and the investor did not disclose it.

(investment information)

WOTEL Magic Mirror is a product of Shenzhen Virtual Reality Digital Technology Co., Ltd., which was established in April this year and is focused on developing high-tech optical imaging equipment, head-mounted smart equipment and VR equipment.

(company information)

Xiao Bian learned from the official WeChat that the new generation of WOTEL's mirror 5 will also be launched this month. The new product and Gear VR are in the same category in design, and it is also a mobile VR box, built-in Kyushu spiral instrument and proximity sensor. , Through the head USB interface can be connected to the phone.

(WOTEL Mirror 5)

1WOTEL magic mirror series products

In addition to the upcoming release of the Magic Mirror 5, the company’s previous series of products include the 4th generation of the WOTEL Magic Mirror, the 2nd generation WOTEL, and the 360° panoramic camera.

WOTEL Magic Mirror 4 Generation: This is a mobile VR glasses, body weight 330g, using aspherical optical resin lenses, with 85 ° ~ 95 ° angle of view, compatible with 4.5 to 5.5 inches of mobile phones, support within 600 ° Myopia user accessibility experience.

In terms of content, WOTEL Magic Mirror 4 supports third-party VR players such as Storm Mirror, Orange VR, and 3D broadcasting. In the overall evaluation, the expression “VR network” is cited: “WOTEL Mirror 4 can guarantee distortion and color difference. In severe cases, the greatest sense of immersion is achieved and it has been very sincere as a VR device designed by the entrepreneurial team."

(WOTEL Mirror 4)

WOTEL Devil 2 Generation: It is a mobile VR machine, using Rockchip RK3288 processor, Mail-T764GPU, 16GB Samsung high-speed flash memory, and there are a variety of head display panel patterns can be selected.

360° panoramic camera: According to the official website, this 4K single-lens 360-degree panoramic camera is equipped with the Quan Zhi V3 processor, with 2GB 667MHz DDR3 and supports 128GB TF card expansion storage; it has 3H (high specification, high frame rate, H .264), 3L (low power, low temperature, long video) advantages; supports Android, iOS, Windows and other three platform applications.

2 Investment Analysis for VR Hardware

In the recent CCTV 2 "Dialogue", most people are concerned about Sony and HTC's two VR giants on the show you come and go, but some of the guests in the same period of view also deserve our careful scrutiny. For example, Liu Shuyi, founding partner of Entrepreneur Forest, said on the program that in terms of hardware, it is mainly large companies (which will attract investment) because the initial research and development costs, manufacturing costs, and subsequent channel costs that need to be invested are relatively high . So in terms of hardware, the advantages of a small company may not be so obvious.

Similarly, Wan Haoji, the founding partner of Jingwei China, once said in an interview that he is not particularly optimistic about VR hardware investment. “In my opinion, every person who can make a TV or a mobile phone may go back and make a helmet. Actually, it also proves today that Samsung, Xiaomi, and even anyone who can make a screen will do it. So a startup company It is very difficult to compete in it."

(Jingwei Wan Wanji)

Of course, it is difficult to achieve survival in the midst of a big factory attack. However, as stated in the introductory part of this article, the VR hardware market has great potential. Business Insider predicts that the global VR head display device shipments in 2016 will reach 3.6 million units. IResearch also expects that China's mobile VR device shipments will account for more than 80% of total shipments, visible in China, mobile VR is also a "big lake", so Xiaobian that Google Daydream standard has not yet been introduced At that time, it was still a chance for startups to show off a slice of their mobile VR heads. It is up to the manufacturers to cooperate with them, to fall into the standard, or to use their own power to make a road. It is up to them.

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