Seven years after raising $542M at a $2B valuation, Magic Leap raises $500M at a $2B valuation
https://techcrunch.com/2021/10/11/seven-years-after-raising-542m-at-a-2b-valuation-magic-leap-raises-500m-at-a-2b-valuation/
Magic Leap has had one hell of a journey, and to their credit, it seems investors are still addicted to giving them money.
The augmented reality startup announced today that they have raised $500 million at a $2 billion valuation from existing investors. The round echoes the terms of an October 2014 raise where Magic Leap raised $542 million at a reported $2 billion valuation. Quite a bit has happened in the meantime.
Seven years after raising $542M at a $2B valuation, Magic Leap raises $500M at a $2B valuation
Oct 11, 2021, 9:14pm UTC
https://techcrunch.com/2021/10/11/seven-years-after-raising-542m-at-a-2b-valuation-magic-leap-raises-500m-at-a-2b-valuation/
> Magic Leap has had one hell of a journey, and to their credit, it seems investors are still addicted to giving them money.
> The augmented reality startup announced today that they have raised $500 million at a $2 billion valuation from existing investors. The round echoes the terms of an October 2014 raise where Magic Leap raised $542 million at a reported $2 billion valuation. Quite a bit has happened in the meantime.