Magic Leap Raises $461M in New Funding Led by Saudi Arabia’s Investment Arm
Road to VR
MARCH 7, 2018
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. According to the report, the Saudi Arabian fund raised $400 million of the investment, while Magic Leap says “new investors” made up the remaining amount.