The news of the investment was revealed in an email sent to the employees of Magic Leap CEO Rony Abovitz.
Magic Leap, one of the most important players in the augmented reality market, which has been having a hard time lately, announced that it has parted ways with its 1000 employees. Magic Leap, which started out with the aim of selling 100 thousand products but was limited to 6 thousand products, returned to B2B as you may know.
Today, the initiative, which came up with a new investment news, has received an investment of 350 million dollars. The news of the investment was revealed in an email sent to the employees of Magic Leap CEO Rony Abovitz. According to the information shared by Rony Abovitz, the $350 million investment was made by both the current investors of the company and the new investors.
Although it is not shared that by which companies the investment was made exactly, let us also remind that the investors of Magic Leap are quite important companies such as Google, Alibaba, AT&T, Warner Bros and Japan-based telecom company NTT Docomo.
According to the information shared by The Information, an important company focusing on health technologies participated in the mentioned 350 million dollar investment. Although there is no certain explanation yet, it is also mentioned that this company may be Zimmer Biomet.
At the end of the e-mail which is sent to the employees by Rony Abovitz, it was also mentioned that Magic Leap may receive additional investments incoming weeks.