Magic Leap names EDBI, Temasek as investors in US$502m funding round
This means S'pore might feature on the global roadmap for Magic Leap's product launch
Singapore
A MIXED and augmented reality startup has attracted a new US$502 million cash infusion led by Singapore's investment firm Temasek Holdings.
The Florida-headquartered startup Magic Leap also named EDBI, the venture capital arm of Singapore's Economic Development Board, Brazil's Grupo Globo and Janus Henderson Investors as strategic and financial investors behind the US$502 million Series D equity funding.
TRENDING NOW
Vietnam’s northern provinces, not Hanoi or Ho Chi Minh City, are powering near 10% GDP growth
VietJet hit with global asset freeze in FitzWalter dispute
Gridlock or growth? The Asean Power Grid faces a critical window of opportunity
LNG, stronger regional power links key to Asean’s energy resilience: Shell