Aug 6, 01:40 PM

Saudi Arabia’s PIF Invests $750 Million in Magic Leap Since 2023, Including $160 Million in 2024

Since the start of 2023, Saudi Arabia’s Public Investment Fund has injected $750 million into Magic Leap. The AR firm says it needs more funding. UK filings reveal that $160 million of this investment has been made so far in 2024. Magic Leap aims to raise additional funds by next month.

#Saudi Arabia #Public Investment Fund #Magic Leap #UK

Written with ChatGPT (GPT-4o).

Sources

Forbes@Forbes
2 years ago
Peter Thiel-Backed Cyber Warfare Contractor Boldend Gets Acquired https://t.co/YKuADJ4hAS
Bloomberg Technology@technology
2 years ago
Since the start of 2023, Saudi Arabia’s Public Investment Fund has injected $750 million into Magic Leap. The AR firm say it needs more https://t.co/9Y6tdtlb6D
Bloomberg Economics@economics
2 years ago
Since the start of 2023, Saudi Arabia’s Public Investment Fund has injected $750 million into Magic Leap. The AR firm say it needs more https://t.co/HwfLXulhaS

Additional media

Image #1 for story saudi-arabias-pif-invests-750-million-magic-leap-since-2023-including-160-2024

Saudi Arabia’s PIF Invests $750 Million in Magic Leap Since 2023, Including $160 Million in 2024

Sources

Additional media

Similar Stories