RealWear, a startup that develops augmented reality headsets for industrial applications, announced it is going public via a SPAC merger with Cascadia Capital.

 

RealWear, a startup that develops augmented reality headsets for industrial applications, announced it is going public via a SPAC merger with Cascadia Capital.   The listing would value the combined company at $375.5M.  RealWear's headsets project an Android tablet below the line of sight, enabling workers to access document navigation, video calling, and forms. The startup generated $20.5M in revenue in 2022, increasing by $13.9M versus 2019.  RealWear raised a $23.5M Series C in June with participation from Foundry Group, Qualcomm Ventures, and Columbia Ventures Corporation, among others.