The augmented reality technology developer, which counts a host of corporates among its investors, attracted new funding at a $2bn post-money valuation.

Magic Leap, a US-based augmented reality (AR) system developer backed by several corporates, secured $500m yesterday at a post-money valuation of about $2bn, from undisclosed participants described by TechCrunch as existing investors. Founded in 2011, Magic Leap has developed AR headsets and goggles using digital light-field signal technology which enables users to view graphics overlaid…

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