Tech
Source: Magic Leap raised $450M in 2022, across $150M in equity and $300M in debt, giving Saudi Arabia's sovereign wealth fund majority control of the company (Matthew Field/Telegraph)
Matthew School / telegraphy:
Sources: Magic Leap has raised $450 million in 2022, over $150 million in equity and $300 million in debt, giving Saudi Arabia’s sovereign wealth fund majority control of the company.– Saudi Arabia has taken control of US augmented reality company Magic Leap, The Telegraph can reveal, as the company attracts investors in the amount of more than $450 million.
