UK filings: since 2023, Saudi Arabia's PIF has put $750M into Magic Leap, including $160M so far in 2024; Magic Leap says it needs to raise more by next month (Mark Bergen/Bloomberg)
Mark Bergen / Bloomberg: UK filings: since 2023, Saudi Arabia's PIF has put $750M into Magic Leap, including $160M so far in 2024; Magic Leap says it needs to raise more by next month — - Startup says in filing that it must raise more funds soon — Magic Leap cut its entire sales and marketing teams in July
Mark Bergen / Bloomberg:
UK filings: since 2023, Saudi Arabia's PIF has put $750M into Magic Leap, including $160M so far in 2024; Magic Leap says it needs to raise more by next month — - Startup says in filing that it must raise more funds soon — Magic Leap cut its entire sales and marketing teams in July
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