Start United States USA — software Magic Leap raises $500 million to make the enterprise-focused Magic Leap 2

Magic Leap raises $500 million to make the enterprise-focused Magic Leap 2

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The Magic Leap 2 is said to be the “smallest and lightest device built for enterprise adoption.” The previous version of the headset, the Magic Leap One…
What just happened? Remember all the hype surrounding Magic Leap, the AR firm that somehow raised $3 billion in funding for its consumer headset? The device’s launch was far from what the company and its investors were hoping for, but that hasn’t stopped it from raising another $500 million in preparation to release a successor—the Magic Leap 2—next year. The Magic Leap 2 is said to be the “smallest and lightest device built for enterprise adoption.” The previous version of the headset, the Magic Leap One Creator Edition, launched in the US in August 2018 with a high price and limited field of view.

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