Magic Leap Lands a New Investor from Europe's Media Sector

On Monday, German newspaper and digital publisher Axel Springer announced its role as the latest company to invest in Magic Leap. This is just the latest in a series of investments the augmented reality company has garnered from the likes of Google, Qualcomm, Alibaba, Legendary Entertainment, Warner Bros., and others amounting to almost $2 billion in overall funding. However, in this case, Axel Springer hasn't revealed exactly how much it's investing in the cutting edge startup. "Axel Springer Digital Ventures participated in a round of financing of Magic Leap," read a statement on the... more

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