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Investors glimpse the future in virtual reality technology

The explosion of mobile devices has sharply reduced the price of many of the components that are essential to virtual reality headsets, including high-quality screens and motion sensors.

New York

MAGIC Leap, a secretive company making wearable technology for mixing digital imagery with the real world, is seeking to raise US$827 million. Jaunt, maker of a 3-D camera for filming virtual reality video, has nabbed a total of US$100 million, including US$65 million in