Digital interactive wearable device and augmented reality technology Unicorn: Magic Leap Inc

Magic Leap Inc., founded in 2010 and headquartered in Plantation, Florida, USA, is an American augmented reality (AR) startup that develops proprietary wearable technology to enable users to interact with digital devices in full visual view. (A company that raised $3 billion by telling stories)

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/magic-leap.html

Magic Leap Inc

Magic Leap is an American augmented reality company (augmented reality company) AT&T Google Temasek Alibaba And other well-known companies to raise $3 billion. The main product of Magic Leap is the head mounted display Magic Leap One (Magic Leap 1) under development, which aims to achieve the purpose of augmented reality by mapping the light field to the retina. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/magic-leap.html

Magic Leap describes Magic Leap 1 as "a wearable computer that can improve enterprise productivity". The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/magic-leap.html

  • Immersive: Magic Leap's head up display is equipped with advanced sensors and world-class technology to capture the outline and content of the workspace, so that applications can be intelligently integrated into the environment. Powerful game quality graphics, accurate input and space audio upgrade training simulation, assembly and maintenance, and collaborative design.
  • Powerful/lightweight: Magic Leap 1 delivers incredible performance in small, energy-efficient computers. Weighing only 316g, it is as light as a pair of earphones, which can bring comfort for long-term work. With three core processors dedicated to running the most demanding applications, Magic Leap 1 can support heavy 3D visualization and collaborative coexistence as well as concurrent Web applications.
  • Handheld/hands-free: Magic Leap 1 provides low latency, multi-mode input to achieve various interactions. Professionals always have the right tools for work from the conference room to the design studio to the factory workshop. The handheld 6DoF controller can provide precise operation and tactile feedback, while hand tracking, voice and eye tracking functions make hands-free operation easy.

Magic Leap 1 technical parameters: The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/magic-leap.html

  • Weight: 316g
  • Camera: 2 megapixel color sensor; 76.9 ° diagonal field of view; F/2.0 aperture; Fixed focus; Video up to 1080p30
  • Memory: 8GB
  • Storage: 128GB
  • Operating system: Lumin OS
  • WiFi:IEEE 802.11a/g/b/n/ac,  dual-band
  • Bluetooth 4.2
  • Display: 1280 x 960 pixel RGB per eye
  • Space audio: Built in Stereo Speakers
  • Inertial sensor: 2 x 3-axis Accelerometer; 3-axis Magnetometer
  • Battery: 3.5 hrs
  • Charging/data: USB-C PD 2.0 compliant (fast charge up to 1.5 A @ 5 V)

Magic Leap Inc. Financing Encyclopedia

  • On February 5, 2014, Magic Leap Inc. received 50 million dollars in round A financing.
  • On October 21, 2014, Magic Leap Inc. obtained the round B financing Google Leading investment, Kleiner Perkins Andreessen Horowitz Qualcomm Ventures、 Kohlberg Kravis Roberts Vulcan Capital Wait for the $542 million of follow-up investment to join unicorn
  • On February 2, 2016, Magic Leap Inc. obtained the leading investment from Alibaba Group in the C-round financing, Qualcomm Ventures、 T. Rowe Price Morgan Stanley Wellington Management The follow-up investment of $793.5 million was valued at $3.7 billion.
  • On April 1, 2016, Marco Valta (individual) entered the stock market with a strategic valuation of 4.5 billion dollars.
  • On October 17, 2017, Magic Leap Inc. obtained round D financing Temasek Holdings Leading investment, T. Rowe Price、Alibaba Group、 Fidelity Management and Research Company J.P. Morgan Chase and others invested 502 million dollars.
  • On March 7, 2018, in the D+round of financing, Magic Leap Inc. received a $461 million investment led by Saudi Arabia's Public Investment Fund and co invested by Axel Springer Digital Ventures.
  • On July 11, 2018, Magic Leap Inc. was invested by AT&T Strategy.
  • On April 26, 2019, NTT DoCoMo Invested in Magic Leap Inc. with 280 million dollars.
  • On December 7, 2019, Magic Leap Inc. completed its E-round financing, with an unknown amount and an estimated value of about $6.4 billion.
  • On May 21, 2020, Magic Leap Inc. completed a new round of US $350 million financing.
  • In June 2020, the media reported that Magic Leap Inc.'s valuation was only 450 million dollars, and after the AR/VR boom, the valuation fell 93% from the peak.

Magic Leap Inc. History Encyclopedia

  • Magic Leap was founded by Rony Abovitz in 2010. According to the past version of its website, this start-up company developed from a company called "Magic Leap Studios". The company was engaged in the development of graphic novels and feature films around 2010, and became a company in 2011, releasing enhanced reality applications on Comic Con.
  • In October 2014, when the company was still operating in a stealth mode (but it was reported that the company was engaged in projects related to augmented reality and computer vision), it launched a series of projects from Google, Qualcomm, Andreessen Horowitz , and Kleiner Perkins And other investors raised more than 540 million dollars in venture capital.
  • Gizmodo concluded in November 2014 based on the analysis of Magic Leap's job list, trademark registration and patent application that the company seems to be establishing competitors with Google Glass and Oculus Right to "integrate computer-generated graphics with the real world". ". It has also been linked with Microsoft HoloLens made a comparison.
  • Before Magic Leap, Yingweida Nvidia )In 2013, HMD using light field was demonstrated, and MIT Media Lab also used "compressed light field" to construct 3D display. However, Magic Leap asserts that it can achieve better resolution through a new proprietary technology that can project images directly onto the user's retina. According to researchers studying the company's patents, Magic Leap may use stacked silicon waveguides.
  • Richard Taylor of Weta Workshop, a special effects company, participated in Magic Leap together with Abovitz. Science fiction writer Neal Stephenson joined the company in December 2014. Graeme Devine is their chief creative officer and senior vice president of games, applications and creative experiences.
  • On March 19, 2015, Magic Leap released a demonstration video entitled "Just another day in the office at Magic Leap". The video includes augmented reality games and productivity applications, but it is not clear whether the video is a real shot of its technology or a simulated experience.
  • On December 9, 2015《 Forbes 》Reported the documents submitted in Delaware, indicating that it had conducted a round C financing of $827 million. This round of financing may make the company's total capital reach $1.4 billion, and its valuation after financing will reach $3.7 billion.
  • On February 2, 2016《 Financial Times 》It is reported that Magic Leap has further raised nearly 800 million dollars in financing, making the valuation of this startup company reach 4.5 billion dollars.
  • On February 11, 2016, Silicon Angle reported that Magic Leap had joined entertainment Software Entertainment Software Association.
  • On April 18, 2016, Magic Leap acquired Israel network security Company NorthBit.
  • On June 16, 2016, Magic Leap announced that Disney Lucasfilm and its ILMxLAB R&D department. The two companies will form a joint research laboratory in the San Francisco campus of Lucas Film.
  • On February 18, 2017, Magic Leap acquired the 3D department of the Swiss computer vision company Dacuda.
  • On December 20, 2017, Magic Leap launched their Magic Leap One, which will be shipped the next year.
  • In December 2017, The Register, a British technology news website, described Magic Leap as a leather bag company. "In four years, Magic Leap has obtained nearly $2 billion in capital, and its own valuation is $6 billion. Apart from forgery technology, it has produced nothing".
  • On March 7, 2018, Magic Leap raised $461 million in round D financing, led by Saudi Arabia's sovereign wealth fund, Saudi Arabia Public Investment Fund.
  • In June 2018, the company's first wearable device was called Magic Leap One, which was displayed online for the first time. The device was only displayed visually, but its functions were not demonstrated.
  • On July 1, 2018, Magic Leap One device was finally demonstrated, confirming that it had used NVIDIA TX2 hardware. According to the commitments made at that time, the overall response was to be disappointed with the results shown.
  • On July 11, 2018, AT&T invested in the company and will become its exclusive partner. Magic Leap One became the first product to be sold only in stores owned by AT&T. In addition, John Donovan, CEO of AT&T Communications, will also become a member of the company's board of directors.
  • On October 10, 2018, Magic Leap launched Mica, an AI assistant of similar people.
  • In April 2019, Magic Leap raised an additional $280 million from NTT Docomo as part of the partnership announced by the two companies.
  • In May 2019, Magic Leap acquired Mimesys, a Belgian start-up, and developed volumetric video conference software for Magic Leap platform.
  • It is reported that Magic Leap transferred all its US patents to J.P. Morgan Chase in November 2019. The company also announced a major round of financing that will become its Series E when completed.
  • On April 22, 2020, Magic Leap said that it would reorganize a large company because Covid-19 Half of the company's employees will be fired due to the pandemic. Despite layoffs, the company raised $350 million in May 2020.
  • In September 2020, The Information reported that Magic Leap's valuation in 2019 was $6.4 billion. By June 2020, the company's valuation was now $450 million, a decline of more than 93% in six months.
  • On December 30, 2022, Saudi Arabia has obtained the controlling right of Magic Leap Inc. Saudi Arabia's public investment fund PIF is a long-term investor in Magic Leap. According to a regulatory announcement made public in the UK earlier this month, PIF's shareholding in Magic Leap exceeded 50% in September 2021.

Magic Leap Inc. US equity investment

A family Unlisted company , because the valuation has dropped by more than 93%, whether it can be listed is still unknown. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/magic-leap.html

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The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/magic-leap.html The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/magic-leap.html
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  Last updated: 2022-12-31
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