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Magic Leap Takes on Funding from Media Company Axel Springer

Road to VR

German media company Axel Springer today announced that it has taken part in a new round of financing of Magic Leap. ” Exactly what that means for Magic Leap’s upcoming AR headset, Magic Leap One , we’re not entirely sure. billion in total revenue in 2016, and has over 15,000 employees.

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Magic Leap One first impressions review: it’s not a leap, but a step

The Ghost Howls

I thought it would have taken me a lot before I would be able to try the Magic Leap One , but luckily this has not been the case. But while we were great on the technical side, we weren’t good at doing business and marketing (I only started my blog in summer 2016 ), so in 2017 we closed the curtain on our crazy adventure.

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Report: Magic Leap Raising Series D Investment, Could Value Company at $6–8 Billion

Road to VR

For a company that’s showed almost no one what they’re building, Magic Leap has been phenomenally successful at fundraising. SEE ALSO New Magic Leap Videos Shows AR Shopping and Voice Control. The company has previously raised a staggering $1.4

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Insomniac Launches ‘Seedling’, Magic Leap One’s First Paid App

Road to VR

Insomniac Games, the minds behind Rift titles Edge of Nowhere (2016) , The Unspoken (2017), and upcoming open-world adventure Stormland, today released their first AR experience for Magic Leap One. ” SEE ALSO Magic Leap is Offering Individual Developers up to $500K for Their AR Projects.

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‘Star Wars: Project Porg’ AR “experiment” Announced for Magic Leap

Road to VR

ILMxLab, Lucasfilm’s immersive media group, today announced Star Wars: Project Porg , an augmented reality “experiment” built for Magic Leap. Just ahead of this week’s Leap Con conference, ILMxLab has announced the Star Wars: Project Porg “experimental demo” for the headset.

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After A Year In Court, Magic Leap’s Case Against Nreal Has Been Dismissed

VRScout

US Courts says Magic Leap has failed to state their claims against Nreal. Back in June of 2019, Magic Leap filed a lawsuit against Nreal claiming the company stole technology and design that belonging to the Florida-based AR company. The last several months have been rocky for Magic Leap.

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GDC 2018 ‘Day 1’ Roundup – Vive Pro Pricing, Magic Leap SDK, Nvidia RTX, and More

Road to VR

Vive Pro date and price, Magic Leap announcements, Nvidia’s real-time ray-tracing, and Budget Cuts resurfaces. Magic Leap announcements. image courtesy Magic Leap. Magic Leap has launched the SDK for the device’s Lumin OS , with support for Unity and Unreal engines. Image courtesy HTC.