Magic Leap

Company

Investment-firm

Last deal

$590M

Amount

Debt Financing

Stage

17.01.2024

Date

12

all rounds

$4.1B

Total amount

General

About Company
Magic Leap is a company developing augmented reality hardware and software.

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founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Magic Leap has created the Magic Leap One, a three-piece system consisting of a headset, a wearable computer, and a handheld controller. The technology uses tracking cameras and eye-tracking cameras to map the user's environment and provide a virtual reality experience. The company's mission is to deliver a powerful tool for enterprise transformation and productivity improvement. Magic Leap's technology has been used in medical settings, such as helping surgeons plan for complex procedures. The company has raised $2.6 billion in funding from investors including Google and Alibaba Group.
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