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Florida's tech scene may give the West Coast hub a run for its money

Venture capital investments more than doubled in Florida in the past 5 years

Published Wed, Sep 6, 2017 · 09:50 PM

Miami

FLUSH with venture capital funding from the likes of Alibaba and Google, Magic Leap Inc founder Rony Abovitz is attempting to marry the real world with the imaginary. Don a pair of his mixed-reality goggles and - according to the hype - fire-breathing dragons may appear in your living room and life-size whales could swim through your school gymnasium.

Yet the company isn't based in a West Coast tech hub, but balmy South Florida. So is JetSmarter, the chartered aircraft-hailing company backed by rapper Shawn "Jay-Z" Carter and members of the Saudi royal family, and Chewy, the online pet supplies retailer acquired by PetSmart for a reported US$3.35 billion.

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