Tag Archives: Magic Leap Raises $739.5 Million

Magic Leap Raises $739.5 Million in Funding Round Led by Alibaba

Magic Leap, a startup focused on augmented reality technology, said on Tuesday it had raised $793.5 million (roughly Rs. 5,411 crores) in a funding round led by Chinese e-commerce giant Alibaba Group Holding Ltd. Magic Leap, which counts Alphabet and Qualcomm among its investors, said money also came from Time Warner’s Warner Bros unit and investment arms of Fidelity, J.P. ... Read More »