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Magic Leap Raises $461M in New Funding Led by Saudi Arabia’s Investment Arm

Road to VR

Magic Leap, the augmented reality headset manufacturer, has added another couple hundred million dollars to its Series D investment round, this time $461 million led by The Public Investment Fund, Saudi Arabia’s sovereign investment arm, Tech Crunch reports. billion in funding. ” said CEO Rony Abovitz in a statement.

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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. Image courtesy Magic Leap. billion in funds.

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Magic Leap Raises $502 Billions Driven by Temasek

VRWorld

Magic Leap , the still-in-stealth-mode company developing an augmented-reality headset, announced that it has raised $502 million in Series D equity funding, led by Singapore investment firm Temasek Holdings. Magic Leap hopes to ship its first device to a small group of users within five months, people familiar have said.

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Can Mystical Magic Leap Lure Singapore’s Temasek into its Net?

VRWorld

Magic Leap Inc. , investment arm of Singapore’s government. investment arm of Singapore’s government. As stated, they are thinking of taking part in a new financing round of more than $500 million, bringing Magic Leap valuation close to $6 billion. Qualcomm Inc. and Alphabet Inc.’s

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Google-backed Magic Leap Reveals Mixed Reality Music App

VRWorld

Way in October, Magic Leap , the still-in-stealth-mode company developing an augmented-reality headset, announced that it has raised $502 million in Series D equity funding , led by Singapore investment firm Temasek Holdings. The post Google-backed Magic Leap Reveals Mixed Reality Music App appeared first on VR World.

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This AR Wayfinder Platform Could Debut in over 35,000 Offices

XR Today - Augmented Reality tag

ARway.ai, a firm working with various XR device leaders, such as Apple and Magic Leap, to leverage its unique immersive wayfinding platform for a broad range of use cases, recently announced a new partnership that amplifies its product offering to an increasingly sizeable international user base.

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Metaverse Law: Unravelling the Future of Online Interactions

XR Today - Virtual Reality

Some firms like Magic Leap accused Nreal of stealing technology by Magic Leap in a now thrown-out case. Patents – The Metaverse is a vast and technologically complex platform that will rely on multiple patents sourced from numerous companies and independent creators.