Where is NOLO located?

NOLO is headquartered in Beijing, China.

How many employees does NOLO have?

As of Aug 31, 2026, the latest employee count at NOLO is 13.

Is NOLO a funded company?

NOLO is a funded company, having raised a total of $45M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of NOLO?

NOLO's latest funding was a $***** Series B round on Feb 25, 2021, with participation from 3 investors.

Where does NOLO rank among its competitors?

NOLO ranks 7th amongst 57 active competitors, of which 11 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was VRgineers, which secured $6M in Nov, 2023.

Who are the top competitors of NOLO?

NOLO's top competitors include Oculus, Meta and Pico. Among them, VRgineers secured the most recent funding round in November, 2023.

NOLO - 2026 Company Profile, Team, Funding & Competitors

Company Details

NOLO provides a motion tracking system for room-scale experiences in mobile VR headsets. NOLO tracking system consists of a base station, a headset marker, and two handheld controllers which work with Android smartphones. Uses a proprietary tracking PolarTraq which claims to achieve a high level of accuracy and low latency through the combination of optic, acoustic, and radio signals. Claims to have SteamVR compatibility through remote play via Riftcat’s VRidge software. Also, provides SDK for developers to integrate support for NOLO into their apps and games. Partnered with Zeiss, BeanVR, Trinus VR, Nibiru, among others.

Website: www.nolovr.com
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Key Metrics

Founded Year

2015

Location

Beijing, China

Stage

Series B

Total Funding

$45M in 7 rounds

Latest Funding Round

Series B, Feb 25, 2021, $*****

Investors

China Mobile & 8 more

Ranked

7^th among 57 active competitors

Employee Count

13 as on Aug 31, 2026

Similar Companies

Oculus & 86 more

View NOLO's full profile

NOLO has raised a total funding of $45M over 7 rounds. Its latest funding round was a Series B round on Feb 25, 2021 for $*****. 3 investors participated in its latest round. NOLO has 9 institutional investors.

Here is the list of recent funding rounds of NOLO:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 25, 2021	5023928	Series B	5428556	2883346	4598812	5694195
Dec 31, 2019	2914397	Series A	8955671	8285489	9441644	8008458
Jul 29, 2019	4470612	Series A	8504642	2148485	Joy Capital	Peakview Captial & 1 more

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View details of NOLO's funding rounds and investors

The founders of NOLO is Daoning Zhang.

Here are the details of NOLO's key team members:

Daoning Zhang: Founder & CEO of NOLO and founder of 1 other company.

View details of NOLO's Founder profiles and Board Members

NOLO's employee count trend

NOLO has 13 employees as of Aug 26. Here is NOLO's employee count trend over the years:

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Top competitors of NOLO include Oculus, Meta and Pico. Here is the list of Top 10 competitors of NOLO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oculus 2012, Menlo Park (United States), Acquired	Provider of VR-based head-mounted displays	$107M	Spark Capital, Andreessen Horowitz & 11 others	81/100
2nd	Meta 2004, Menlo Park (United States), Public	Developer of social media, messaging, and virtual reality technology platforms	-	Alcor Fund, Access Industries & 4 others	78/100
3rd	Pico 2015, Beijing (China), Acquired	Provider of a standalone 5G enabled VR headset and software development services	$67.2M	CCB International, GF Securities & 3 others	58/100
4th	VRgineers 2017, Los Angeles (United States), Series A	High-end virtual reality headset aimed at enterprises	$6M	Taiwania Capital, N1 & 3 others	54/100
5th	Vive 2015, Taipei (Taiwan), Unfunded	Provider of a VR headset for room-scale virtual reality experience	-	-	49/100
6th	PICO 2015, Mountain View (United States), Unfunded	Developer of virtual reality headsets, software, and a content store	-	-	46/100
7th	NOLO 2015, Beijing (China), Series B	Provider of motion tracking system for room scale experiences in mobile VR headsets	$45M	Lanchi Venture Capital, Joy Capital & 7 others	43/100
8th	Shiftall 2018, Chuo (Japan), Acquired	Provider of space-saving wireless full-body tracking device for VR gaming, along with other related products	-	-	40/100
9th	AntVR 2014, Beijing (China), Series B	VR gaming and viewing kit	$59.1M	Sequoia Capital, Shenzhen Chuangdong Investment ... & 3 others	40/100
10th	Ximmerse 2014, Guangdong (China), Series A	Manufactures positional tracking devices for VR	$18.8M	Qualcomm Ventures, Lenovo Capital and Incubator Group ... & 5 others	40/100