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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 $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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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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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.

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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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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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Lemnis Demonstrates Latest Varifocal Lens Tech in New VR Headset Prototype

Road to VR

It’s called the vergence-accommodation conflict (detailed below), and Singapore-base Lemnis Technologies’ latest varifocal prototype aims to provide headset manufacturers with the software and hardware to help make it an issue of the past. If you’re already well versed in the vergence-accommodation conflict, keep reading.