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Snap Looks to Raise $1B to Support the Spinoff of Its AR Glasses Unit

Snap Inc. (SNAP), the company behind Snapchat, is in talks to raise at least $1 billion to support its augmented reality (AR) glasses business. …

Snap Inc. (SNAP), the company behind Snapchat, is in talks to raise at least $1 billion to support its augmented reality (AR) glasses business. According to a report from tech outlet Sources, CEO Evan Spiegel has been meeting with multiple investors … [1716 chars]

Source: Markets Insider | Published: 2025-10-24T18:45:00Z

Credit: Markets Insider

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