About Magic Leap
Magic Leap is a company based in Plantation (United States) founded in 2011 was acquired by Public Investment Fund in December 2022. Magic Leap has raised $4.07 billion across 12 funding rounds from investors including Google, Fidelity Investments and AT&T. The company has 824 employees as of December 31, 2022. Magic Leap has completed 5 acquisitions, including Computes, Fuzzycube Software and Mimesys. Magic Leap offers products and services including Magic Leap 2 and Optics Technologies. Magic Leap operates in a competitive market with competitors including Avegant, Nimo, Thunderbird Innovation, Rokid and Em3Ai, among others.
- Headquarter Plantation, United States
- Employees 824 as on 31 Dec, 2022
- Stage Unicorn
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Sectors
Technology
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Email
Locked
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.07 B (USD)
in 12 rounds
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Latest Funding Round
$590 M (USD), Series H
Jan 15, 2024
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Investors
Google
& 25 more
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Employee Count
824
as on Dec 31, 2022
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Investments & Acquisitions
Computes
& 4 more
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Acquired by
Public Investment Fund
(Dec 28, 2022)
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Products & Services of Magic Leap
Magic Leap offers a comprehensive portfolio of products and services, including Magic Leap 2 and Optics Technologies.
Immersive see-through augmented reality device for human-digital experiences.
Advanced optics for clarity and stability in AR applications.
People of Magic Leap
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Funding Insights of Magic Leap
Magic Leap has successfully raised a total of $4.07B across 12 strategic funding rounds. The most recent funding activity was a Series H round of $590 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Magic Leap
Magic Leap has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Google, Fidelity Investments and AT&T.
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An investment platform is provided for diverse sectors and geographies.
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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Multiple sectors are targeted for venture capital investments.
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Investor details for Magic Leap
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Magic Leap
Magic Leap has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Computes, Fuzzycube Software and Mimesys.
Investment portfolio details for Magic Leap
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based AR glasses are manufactured for industrial applications.
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3D holographs of humans are integrated into VR/AR applications.
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3D staging mobile app for real estate companies
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Magic Leap
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Magic Leap
Detailed financials for Magic Leap
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- Profit trends
- Statement rows
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Magic Leap Comparisons
Peer comparison for Magic Leap
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Magic Leap
Magic Leap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avegant, Nimo, Thunderbird Innovation, Rokid and Em3Ai, among others.
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Hardware and software-based light field technology solutions are developed.
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Spatial computing wearable devices are provided for multi-screen workspaces.
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AR glasses are developed for AI-based spatial computing.
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Artificial intelligence-based smart AR glasses are provided for information exchange.
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Provides comprehensive solutions using MR-based smart glasses for enhanced user experiences.
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Detailed competitors of Magic Leap
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- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Magic Leap
Complete news archive for Magic Leap
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- Full article archive
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Frequently Asked Questions about Magic Leap
Magic Leap was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Magic Leap is headquartered in Plantation, United States. It is registered at Plantation, Florida, United States.
Ross Rosenberg is the current CEO of Magic Leap.
Magic Leap is a funded company, having raised a total of $4.07B across 12 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Magic Leap is 824.
Magic Leap is a provider of a head-mounted virtual retinal display to view augmented reality. The companys first product is Magic Leap One and is claimed to superimpose augmented reality by projecting a digital light field into the users eye. Features include digital light-field, visual perception, persistent objects, sound-field audio, high powered chipset, and next-gen interface.
Magic Leap offers Magic Leap 2 and Optics Technologies.
Magic Leap has made 5 acquisitions, including Computes, Fuzzycube Software, and Mimesys.
Magic Leap has 26 investors. Key investors include Google, Fidelity Investments, AT&T, Alibaba Group, and Warner Bros.
The valuation of Magic Leap is $2B as of Oct 2021.