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Ant Group, Meituan Back AI Hardware Startup Looki in $20 Million-Plus Series A

Jan 05, 2026, 10:49 p.m. ET

AI hardware startup Looki has raised more than $20 million in a Series A funding round led by Ant Group, with participation from Meituan Longzhu, Walden International, ZGC Capital and BAI Capital, which made an additional follow-on investment for the second consecutive round.

The company said the funds will be used for talent recruitment, model iteration, product development and supply chain integration, as it accelerates efforts to develop AI-native hardware and explore next-generation user interaction interfaces.
Lookin was founded by Sun Yang, a former head of intelligent hardware at Meituan and an early member of the Google Assistant team, and Liu Bocong, former head of autonomous driving algorithms at Meituan. The company says it follows a “human-centered” approach to artificial intelligence.

Its first product, the Looki L1, was launched overseas in August 2025 and entered China’s JD.com marketplace in December. The device is priced at $199 overseas and 1,499 yuan in China, and is positioned as a multimodal wearable “life assistant,” supporting 1080p video at 30 frames per second and an automated “story mode” editing function.

The company said global cumulative sales have reached nearly 10,000 units, with average daily usage rising from 6.2 hours to 7.9 hours.

At CES, Looki plans to unveil an “active AI” feature that proactively provides reminders and suggestions based on situational awareness, and will roll it out to users globally, the company said.

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