JMGO is an Alibaba-backed Chinese company that makes smart projectors and laser TVs. The company’s products are described as smart projectors and laser TVs. It has secured significant new funding, raising 1 billion yuan (about $157.5 million). Investors in the round include IDG Capital and smartphone maker Oppo. Alibaba is noted as an existing backer of the company. The article does not disclose additional financial metrics or future plans for the business. JMGO develops the O1 and O1 Pro ultra-short-throw LED home projectors, integrating audio from Dynaudio and an optical engine co-engineered with Leica for the Pro model. Both models deliver 1920x1080 resolution, auto-focus, keystone correction, 4K compatibility, Luna OS with Alexa, and a 45,000-hour lamp life. The O1 targets 60"–100" screens with a 0.25:1 throw ratio and 5000:1 dynamic contrast; the O1 Pro targets 70"–110" screens with a 0.21:1 throw ratio, 6000:1 contrast and a boosted 1400 ANSI lumens brightness. JMGO has released a smartphone app (iOS and Android) with remote control and an "Intelligent Image Flattening" feature, plus a borderless UI preloaded with streaming apps. The company positions the campaign-backed launch for delivery in August–September 2021, and offers one-year warranties with optional paid extensions. The fundraising traction from the Indiegogo campaign is supporting R&D and production enhancements driven by backer feedback.

Total raised

$158M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2022