Magic Leap has confirmed a series D round featuring Grupo Globo, Alibaba and Google that took its overall funding to about $1.9bn.
US-based augmented reality (AR) technology producer Magic Leap raised $502m in a series D round yesterday featuring media company Grupo Globo, e-commerce group Alibaba and internet technology provider Google.
Singaporean state-owned investment firm Temasek led the round, which included another state-owned unit, EDBI, as well as JP Morgan Investment Management, Fidelity Management and Research (FMR), Janus Henderson Investors and T Rowe Price.
The transaction was first rumoured a month ago, before a regulatory filing last week revealed the company…
