Magic Leap raises $461 million from Saudis

Magic Leap One
Augmented reality (AR) startup Magic Leap, which hasn't sold any products yet, has raised $461 million from Saudi Arabia's sovereign investment arm. The funding is part of a $963 million Series D round announced last year, taking the total funding to over $2.3 billion. The startup, valued at $6 billion, plans to ship its first product this year.

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