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TEXXR

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Magic Leap raises another $500M and says its second-gen AR headset will arrive in 2022 with a slimmer form factor and twice the field of view

Augmented reality startup Magic Leap has raised a new $500 million round of funding at a $2 billion valuation, CEO Peggy Johnson told CNBC on Monday. Source: Magic Leap .

Protocol Janko Roettgers

Discussion

  • @dangraziano Dan Graziano on x
    Amazed people are still giving this company money. I've tried the headset and it's pretty terrible https://twitter.com/...
  • @danprimack Dan Primack on x
    There's always something a bit odd when you raise that much $$ but won't disclose investor names. Either you're embarrassed by them, or they're embarrassed by you. https://twitter.com/...
  • @ali_heston Alexandria Heston on x
    Props to everyone who worked on this, and especially everyone continuing to work on it. A true labor of love. I'm ecstatic at the leaps and bounds this industry is taking into AR HMD world and I can't wait for more! https://twitter.com/...
  • @tim Tim Bradshaw on x
    Magic Leap, which according to Pitchbook had previously raised $3.5bn, says it is now valued at $2bn (2018's valuation: $6bn). Still, it's still in the game! Here's what v2 looks like https://www.prnewswire.com/... https://twitter.com/...
  • @snazzyq Quinn Nelson on x
    who gave these people more money https://twitter.com/...