Magic Leap looks to enter unicorn territory before it even reveals first product

Still from a Magic Leap demo video
Mysterious augmented reality startup Magic Leap is looking to raise $ 827 million in a Series C funding round, according to a Delaware filing given to Forbes. If able to raise that much, Magic Leap would have about $ 1.4 billion in total funding, putting it well into unicorn territory. While such $ 1 billion are becoming more and more common, Magic Leap stands out as a secretive product that still aims for consumer appeal. The company has so far teased just a handful of demos, which show only what a viewer will supposedly see while wearing the augmented reality headset. So far, the company hasn’t… Read More
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