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Magic Leap Scores Another $461 Million Investment

Date Type Companies involved Size
March 7th, 2018 investment Magic Leap $461m
Magic Leap Scores Another $461 Million Investment

Magic Leap has raised a further $461 million in its latest funding round, led by the Kingdom of Saudi Arabia’s sovereign investment fund.

This latest injection of funds brings the company’s fourth round of funding to $963 million and a total investment of $2.3 billion to date. The Florida company is now valued at more than $6 billion.

Previous investors include Alibaba, Google, J.P. Morgan, Qualcomm, and Warner Bros.


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Steve is an award-winning editor and copywriter with nearly 25 years’ experience specialising in consumer technology and video games. He was part of a BAFTA nominated developer studio. In addition to editing TheVirtualReport.biz, Steve contributes to BeyondGames.biz, PocketGamer.biz, PCGamesInsider.biz and BlockchainGamer.biz, as well as creating marketing content for a range of SMEs and agencies.

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