Meta Co positioned itself as a pioneer in AR eyewear using neuroscience principles and computer vision. The company raised approximately $83M across multiple rounds but faced operational challenges, including a major workforce reduction in September 2018, and eventually exited the market.
Cyborg Score Rationale
Meta Co is defunct and out of business. The company failed to achieve commercialization of its AR glasses despite significant venture funding. No current operations, product revenue, or market presence.
Top Insights
AR glasses hardware market has proven extremely capital-intensive with high barriers to commercialization
Company furloughed ~67% of workforce in September 2018, signaling fundamental business model challenges
Raised $82.7M–$83.3M across multiple rounds but could not convert funding into viable product-market fit
Assets and intellectual property were acquired by Olive Tree Ventures, which founded successor entity Meta View in late 2018
Named Competitors
HoloLens — Enterprise AR headset for spatial computing
Varjo XR-series — Professional XR/AR/VR headsets
XReal Glasses — Consumer AR glasses and spatial computing
Recent Developments
(September 2018) Company furloughed approximately two-thirds of ~100 employees
(Late 2018) Olive Tree Ventures acquired Meta Company's assets and founded Meta View, Inc. as successor entity
(2021) Meta View positioned as new spatial computing company; current status unclear as of June 2026
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