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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

Published Wed, Oct 18, 2017 · 09:50 PM
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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.

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