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AI hardware is having a moment. Looki just closed $20M Series A led by Ant Group — 18 months from founding to major funding. What it is: Wearable AI hardware that sold 10,000 units globally since August 2025. The numbers: • $20M Series A (Ant Group lead) • 4 funding rounds in 18 months • 10,000 units sold globally • Founded May 2024 How it happened: • Founders leveraged CMU + Google/Meituan backgrounds • Built multimodal AI MVP (voice + vision) • Launched international first → sold out quickly • Expanded to China via JD.com • Used 10K unit traction to attract Ant Group Takeaway: Hardware + AI is hard, but proven founders with distribution channels move fast. Source: AIBase Brewed by Startup Beaker.